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Aco Group Bhd (XKLS:0218) Return-on-Tangible-Equity : 6.12% (As of Feb. 2025)


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What is Aco Group Bhd Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aco Group Bhd's annualized net income for the quarter that ended in Feb. 2025 was RM5.9 Mil. Aco Group Bhd's average shareholder tangible equity for the quarter that ended in Feb. 2025 was RM96.0 Mil. Therefore, Aco Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2025 was 6.12%.

The historical rank and industry rank for Aco Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:0218' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.33   Med: 8.99   Max: 21.77
Current: 5.23

During the past 9 years, Aco Group Bhd's highest Return-on-Tangible-Equity was 21.77%. The lowest was 3.33%. And the median was 8.99%.

XKLS:0218's Return-on-Tangible-Equity is ranked worse than
50.24% of 2339 companies
in the Hardware industry
Industry Median: 5.26 vs XKLS:0218: 5.23

Aco Group Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Aco Group Bhd's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aco Group Bhd Return-on-Tangible-Equity Chart

Aco Group Bhd Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 4.87 8.99 6.60 3.33 5.21

Aco Group Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.20 6.62 1.86 6.30 6.12

Competitive Comparison of Aco Group Bhd's Return-on-Tangible-Equity

For the Electronics & Computer Distribution subindustry, Aco Group Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aco Group Bhd's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aco Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aco Group Bhd's Return-on-Tangible-Equity falls into.


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Aco Group Bhd Return-on-Tangible-Equity Calculation

Aco Group Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=4.926/( (92.099+96.847 )/ 2 )
=4.926/94.473
=5.21 %

Aco Group Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=5.88/( (95.197+96.847)/ 2 )
=5.88/96.022
=6.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Feb. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Aco Group Bhd  (XKLS:0218) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Aco Group Bhd Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Aco Group Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Aco Group Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kawasan Perindustrian Tebrau 4, PLO 264, No. 14, Jalan Firma 3, Johor Darul Takzim, Johor Bahru, SGR, MYS, 81100
Aco Group Bhd is a distributor of electrical products and accessories in Malaysia. The company's products and accessories include cables, wires and accessories, electrical distribution, protection, and control devices, and electrical appliances and accessories. Its other products include water plumbing materials, power tools, and accessories as well as CCTV and alarm systems, solar-related products, and EV charger-related products. The company derives the majority of its revenue from Malaysia.

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