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Emico Holdings Bhd (XKLS:9091) ROE % : 8.87% (As of Dec. 2023)


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What is Emico Holdings Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Emico Holdings Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM4.64 Mil. Emico Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was RM52.37 Mil. Therefore, Emico Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was 8.87%.

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

XKLS:9091' s ROE % Range Over the Past 10 Years
Min: -5.69   Med: 1.16   Max: 9.49
Current: 5.63

During the past 13 years, Emico Holdings Bhd's highest ROE % was 9.49%. The lowest was -5.69%. And the median was 1.16%.

XKLS:9091's ROE % is ranked worse than
52.48% of 787 companies
in the Travel & Leisure industry
Industry Median: 6.12 vs XKLS:9091: 5.63

Emico Holdings Bhd ROE % Historical Data

The historical data trend for Emico Holdings 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.

Emico Holdings Bhd ROE % Chart

Emico Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.36 -5.69 -1.90 0.77

Emico Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 4.66 -7.38 7.39 13.12 8.87

Competitive Comparison of Emico Holdings Bhd's ROE %

For the Leisure subindustry, Emico Holdings 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.


Emico Holdings Bhd's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emico Holdings Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Emico Holdings Bhd's ROE % falls into.



Emico Holdings Bhd ROE % Calculation

Emico Holdings Bhd's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=0.368/( (46.159+49.457)/ 2 )
=0.368/47.808
=0.77 %

Emico Holdings 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: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=4.644/( (51.632+53.112)/ 2 )
=4.644/52.372
=8.87 %

* 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 four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Emico Holdings Bhd  (XKLS:9091) 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
=4.644/52.372
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.644 / 70.144)*(70.144 / 86.898)*(86.898 / 52.372)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.62 %*0.8072*1.6592
=ROA %*Equity Multiplier
=5.34 %*1.6592
=8.87 %

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
=4.644/52.372
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.644 / 7.18) * (7.18 / 7.032) * (7.032 / 70.144) * (70.144 / 86.898) * (86.898 / 52.372)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6468 * 1.021 * 10.03 % * 0.8072 * 1.6592
=8.87 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Emico Holdings Bhd ROE % Related Terms

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Emico Holdings Bhd (XKLS:9091) Business Description

Traded in Other Exchanges
N/A
Address
18 Lebuhraya Kampung Jawa, Bayan Lepas, PNG, MYS, 11900
Emico Holdings Bhd is a Malaysian company that manufactures trophies and souvenirs, contract manufacturing, trading of home furnishing and household products and property development. It has three operating segments that are consumable products, property development and investment holding. Business manufacturing facilities are in Bayan Lepas Industrial Area, Penang. The property development projects are located in Sungai Petani and Langkawi, Kedah. It has business operations across Europe, Malaysia, and other countries. The company generates the majority of its revenue from the consumable products segment, which is engaged in the Manufacturing and trading of consumable products. Geographically the company generates the majority of its revenue from Europe.

Emico Holdings Bhd (XKLS:9091) Headlines

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