GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BWYS Group Bhd (XKLS:0313) » Definitions » ROE %

BWYS Group Bhd (XKLS:0313) ROE % : 10.82% (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is BWYS Group Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BWYS Group Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM17.6 Mil. BWYS Group Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was RM163.1 Mil. Therefore, BWYS Group Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was 10.82%.

The historical rank and industry rank for BWYS Group Bhd's ROE % or its related term are showing as below:

XKLS:0313' s ROE % Range Over the Past 10 Years
Min: 4.12   Med: 15.86   Max: 26.23
Current: 10.82

During the past 4 years, BWYS Group Bhd's highest ROE % was 26.23%. The lowest was 4.12%. And the median was 15.86%.

XKLS:0313's ROE % is ranked better than
74.28% of 626 companies
in the Steel industry
Industry Median: 4.67 vs XKLS:0313: 10.82

BWYS Group Bhd ROE % Historical Data

The historical data trend for BWYS Group Bhd's ROE % 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.

BWYS Group Bhd ROE % Chart

BWYS Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
4.12 26.23 20.90 10.82

BWYS Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
ROE % 4.12 26.23 20.90 10.82

Competitive Comparison of BWYS Group Bhd's ROE %

For the Steel subindustry, BWYS Group Bhd's ROE %, along with its competitors' market caps and ROE % 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.


BWYS Group Bhd's ROE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BWYS Group Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where BWYS Group Bhd's ROE % falls into.



BWYS Group Bhd ROE % Calculation

BWYS Group Bhd's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=17.649/( (118.682+207.592)/ 2 )
=17.649/163.137
=10.82 %

BWYS Group Bhd's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=17.649/( (118.682+207.592)/ 2 )
=17.649/163.137
=10.82 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


BWYS Group Bhd  (XKLS:0313) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=17.649/163.137
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.649 / 246.078)*(246.078 / 342.2235)*(342.2235 / 163.137)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.17 %*0.7191*2.0978
=ROA %*Equity Multiplier
=5.16 %*2.0978
=10.82 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=17.649/163.137
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (17.649 / 24.329) * (24.329 / 32.383) * (32.383 / 246.078) * (246.078 / 342.2235) * (342.2235 / 163.137)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7254 * 0.7513 * 13.16 % * 0.7191 * 2.0978
=10.82 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


BWYS Group Bhd ROE % Related Terms

Thank you for viewing the detailed overview of BWYS Group Bhd's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


BWYS Group Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1571, Jalan Serunai, Kawasan Perindustrian Valdor, Mukim 12, Sungai Bakap, Selatan, Seberang Perai, PNG, MYS, 14200
BWYS Group Bhd is an investment holding company. Through its subsidiaries, it is principally involved in manufacturing of sheet metal products and supply of scaffoldings and also engage in trading of steel materials and steel related products. It mainly use mild steel including hot-rolled and cold-rolled coils for the manufacture of sheet metal products, comprising the following: roofing sheets and trusses, industrial racking systems; and welded pipes. The group are primarily based in Malaysia.

BWYS Group Bhd Headlines

No Headlines