What is Top Builders Capital 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. Top Builders Capital Bhd's annualized net income for the quarter that ended in Mar. 2023 was RM-20.46 Mil. Top Builders Capital Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2023 was RM-66.38 Mil. Therefore, Top Builders Capital Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was N/A%.
The historical rank and industry rank for Top Builders Capital Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5268's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 7.855 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Top Builders Capital Bhd Return-on-Tangible-Equity Historical Data
The historical data trend for Top Builders Capital 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.
Top Builders Capital Bhd Return-on-Tangible-Equity Chart
Competitive Comparison of Top Builders Capital Bhd's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, Top Builders Capital 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.
Top Builders Capital Bhd's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Top Builders Capital Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Top Builders Capital Bhd's Return-on-Tangible-Equity falls into.
Top Builders Capital Bhd Return-on-Tangible-Equity Calculation
Top Builders Capital Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2022 is calculated as
* 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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Top Builders Capital Bhd (XKLS:5268) 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.
Top Builders Capital Bhd Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Top Builders Capital Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Top Builders Capital Bhd (XKLS:5268) Business Description
Top Builders Capital Bhd is a Malaysia-based company engaged in civil and building construction. The company is involved in the engineering and construction of piling and foundations, bridges, and buildings. It is also engaged in the installation of a prefabricated building system, general civil and building construction, and property management. Key revenue is generated from construction contracts.
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