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. Whitman Holdings Bhd's annualized net income for the quarter that ended in Dec. 2024 was RM1.65 Mil. Whitman Holdings Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2024 was RM2.28 Mil. Therefore, Whitman Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 72.35%.
The historical rank and industry rank for Whitman Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:03070'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 51.4 Med: 61.88 Max: 72.35
Current: 72.35
During the past 2 years, Whitman Holdings Bhd's highest Return-on-Tangible-Equity was 72.35%. The lowest was 51.40%. And the median was 61.88%.
XKLS:03070's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.18
vs XKLS:03070: 72.35
Whitman Holdings Bhd (XKLS:03070) 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.
Whitman Holdings Bhd Return-on-Tangible-Equity Related Terms
Whitman Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Whitman Holdings 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.
Whitman Holdings Bhd Return-on-Tangible-Equity Chart
Whitman Holdings Bhd Annual Data
Trend
Dec23
Dec24
Return-on-Tangible-Equity
51.40
72.35
Whitman Holdings Bhd Semi-Annual Data
Dec23
Dec24
Return-on-Tangible-Equity
51.40
72.35
XKLS:03070 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Whitman Holdings 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.
Whitman Holdings Bhd Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Whitman Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Whitman Holdings Bhd's Return-on-Tangible-Equity falls into.
* 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 one times the annual (Dec. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 72.35% mean?
Whitman Holdings Bhd (XKLS:03070) has a Return-on-Tangible-Equity of 72.35% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Whitman Holdings Bhd and its competitors. This is 17% above median its historical median of 61.88. Over the past decade, Whitman Holdings Bhd's Return-on-Tangible-Equity has ranged from 51.40 to 72.35.
Is Whitman Holdings Bhd's Return-on-Tangible-Equity too high?
Whitman Holdings Bhd's current Return-on-Tangible-Equity of 72.35% is 17% above median its 10-year median of 61.88. Over the past 10 years, this metric has ranged from a low of 51.40 to a high of 72.35. The Asset Management industry median Return-on-Tangible-Equity is 7.18. Whitman Holdings Bhd's value of 72.35% is 907.7% above this industry median. Overall, Whitman Holdings Bhd has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Whitman Holdings Bhd's Return-on-Tangible-Equity compare to BLK and BX?
Whitman Holdings Bhd's Return-on-Tangible-Equity of 72.35% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.18. Whitman Holdings Bhd's value of 72.35% is 907.7% above this benchmark. Historically, Whitman Holdings Bhd's own Return-on-Tangible-Equity has ranged from 51.40 to 72.35 over the past decade. While the company's 10-year median is 61.88 vs. the industry median of 7.18, Whitman Holdings Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.18, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Whitman Holdings Bhd's current Return-on-Tangible-Equity of 72.35% is 907.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Whitman Holdings Bhd and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitman Holdings Bhd's current Return-on-Tangible-Equity is 72.35%, which is 17% above median its own 10-year median of 61.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitman Holdings Bhd stock overvalued right now?
Whitman Holdings Bhd (XKLS:03070) has a current Return-on-Tangible-Equity of 72.35%. The current Return-on-Tangible-Equity is 72.35%, which is 17% above median its 10-year median of 61.88 and 907.7% above the Asset Management industry median of 7.18. Whitman Holdings Bhd's overall GF Score™ is 17/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Whitman Holdings Bhd (XKLS:03070), the current Return-on-Tangible-Equity is 72.35% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Whitman Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of holistic financial planning solutions focusing on retirement planning. The company's core advisory services consist of advisory and consultation services and dealing in securities (UTS and PRS). It also provides insurance consulting services and will-writing services as part of its complementary services. The company derives the majority of revenue from the provision of its Core advisory services, prominently from the dealing in securities (UTS and PRS) services. Geographically, it operates within Malaysia.
17GF Score
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