GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Fraser & Neave Holdings Bhd (XKLS:3689) » Definitions » Return-on-Tangible-Equity

Fraser & Neave Holdings Bhd (XKLS:3689) Return-on-Tangible-Equity : 15.83% (As of Jun. 2024)


View and export this data going back to 1970. Start your Free Trial

What is Fraser & Neave Holdings 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. Fraser & Neave Holdings Bhd's annualized net income for the quarter that ended in Jun. 2024 was RM487 Mil. Fraser & Neave Holdings Bhd's average shareholder tangible equity for the quarter that ended in Jun. 2024 was RM3,072 Mil. Therefore, Fraser & Neave Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 15.83%.

The historical rank and industry rank for Fraser & Neave Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:3689' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.63   Med: 16.96   Max: 21.35
Current: 19.96

During the past 13 years, Fraser & Neave Holdings Bhd's highest Return-on-Tangible-Equity was 21.35%. The lowest was 13.63%. And the median was 16.96%.

XKLS:3689's Return-on-Tangible-Equity is ranked better than
59.41% of 101 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 14.89 vs XKLS:3689: 19.96

Fraser & Neave Holdings Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Fraser & Neave 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.

* Premium members only.

Fraser & Neave Holdings Bhd Return-on-Tangible-Equity Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.87 16.24 14.70 13.63 18.51

Fraser & Neave Holdings Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.62 19.52 22.62 21.34 15.83

Competitive Comparison of Fraser & Neave Holdings Bhd's Return-on-Tangible-Equity

For the Beverages - Non-Alcoholic subindustry, Fraser & Neave 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.


Fraser & Neave Holdings Bhd's Return-on-Tangible-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fraser & Neave Holdings Bhd's Return-on-Tangible-Equity falls into.



Fraser & Neave Holdings Bhd Return-on-Tangible-Equity Calculation

Fraser & Neave Holdings Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=536.899/( (2890.598+2909.834 )/ 2 )
=536.899/2900.216
=18.51 %

Fraser & Neave Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=486.516/( (3072.159+3072.769)/ 2 )
=486.516/3072.464
=15.83 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fraser & Neave Holdings Bhd  (XKLS:3689) 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.


Fraser & Neave Holdings Bhd Return-on-Tangible-Equity Related Terms

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


Fraser & Neave Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated, and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand, and operates through four main segments: F&B Malaysia, F&B Thailand, Property and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Fraser & Neave's core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N SEASONS, and F&N ICE MOUNTAIN. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree. The company derives majority of its revenue from South East Asia.

Fraser & Neave Holdings Bhd Headlines

No Headlines