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Mega First Bhd (XKLS:3069) Return-on-Tangible-Equity : 33.16% (As of Mar. 2025)


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What is Mega First 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. Mega First Bhd's annualized net income for the quarter that ended in Mar. 2025 was RM251 Mil. Mega First Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2025 was RM757 Mil. Therefore, Mega First Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 33.16%.

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

XKLS:3069' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.09   Med: 49.84   Max: 229.66
Current: 43.48

During the past 13 years, Mega First Bhd's highest Return-on-Tangible-Equity was 229.66%. The lowest was 11.09%. And the median was 49.84%.

XKLS:3069's Return-on-Tangible-Equity is ranked better than
86.79% of 492 companies
in the Utilities - Regulated industry
Industry Median: 10.64 vs XKLS:3069: 43.48

Mega First Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Mega First 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.

Mega First Bhd Return-on-Tangible-Equity Chart

Mega First Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 229.66 72.40 49.84 56.98

Mega First Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 43.50 39.11 37.43 57.04 33.16

Competitive Comparison of Mega First Bhd's Return-on-Tangible-Equity

For the Utilities - Regulated Electric subindustry, Mega First 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.


Mega First Bhd's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Return-on-Tangible-Equity distribution charts can be found below:

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


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Mega First Bhd Return-on-Tangible-Equity Calculation

Mega First Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=459.178/( (859.141+752.542 )/ 2 )
=459.178/805.8415
=56.98 %

Mega First Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=251.144/( (752.542+762.215)/ 2 )
=251.144/757.3785
=33.16 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Mega First Bhd  (XKLS:3069) 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.


Mega First Bhd Return-on-Tangible-Equity Related Terms

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


Mega First Bhd Business Description

Traded in Other Exchanges
N/A
Address
23 Jalan Barat, A-12-01, Level 12, Block A, PJ8, Seksyen 8, Petaling Jaya, SGR, MYS, 46050
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, calcium carbonate powder, and bricks. The Packaging segment is engaged in the Manufacturing and distribution of packaging and label products. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the majority is from the Lao PDR.

Mega First Bhd Headlines

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