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. Gamuda Bhd's annualized net income for the quarter that ended in Jan. 2024 was RM835 Mil. Gamuda Bhd's average shareholder tangible equity for the quarter that ended in Jan. 2024 was RM10,685 Mil. Therefore, Gamuda Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 7.82%.
The historical rank and industry rank for Gamuda Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:5398'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.4 Med: 10.8 Max: 18.46
Current: 8.43
During the past 13 years, Gamuda Bhd's highest Return-on-Tangible-Equity was 18.46%. The lowest was 5.40%. And the median was 10.80%.
XKLS:5398's Return-on-Tangible-Equity is ranked better than 51.81% of 1598
companies
in the Construction industry
Industry Median: 7.88
vs XKLS:5398: 8.43
Gamuda Bhd Return-on-Tangible-Equity Historical Data
The historical data trend for Gamuda 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.
Competitive Comparison of Gamuda Bhd's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, Gamuda 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.
Gamuda Bhd's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Gamuda Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gamuda Bhd's Return-on-Tangible-Equity falls into.
Gamuda Bhd Return-on-Tangible-Equity Calculation
Gamuda Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2023 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 (Jan. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Gamuda Bhd (XKLS:5398) 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.
Gamuda Bhd Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Gamuda Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Gamuda Bhdis one of Malaysia's firms in infrastructure and property development. It helps construct highways, plants, ports, and other industrial developments throughout select regions, and the company also develops residential and commercial communities. The company has three core business divisions: engineering and construction, property development, and water and expressway concessions. The engineering and construction segment generates more than half of the total revenue. Concessions granted to Gamuda from government authorities pertain to operating highways and water management. Gamuda operates highway tolls and works to minimize traffic congestion. As a water provider, it uses a multistep process to supply fresh clean water.
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