GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Powerwell Holdings Bhd (XKLS:0217) » Definitions » ROE %

Powerwell Holdings Bhd (XKLS:0217) ROE % : 46.94% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Powerwell Holdings Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Powerwell Holdings Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM38.2 Mil. Powerwell Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was RM81.4 Mil. Therefore, Powerwell Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was 46.94%.

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

XKLS:0217' s ROE % Range Over the Past 10 Years
Min: -4.66   Med: 20.87   Max: 35.43
Current: 20.55

During the past 6 years, Powerwell Holdings Bhd's highest ROE % was 35.43%. The lowest was -4.66%. And the median was 20.87%.

XKLS:0217's ROE % is ranked better than
89.48% of 2957 companies
in the Industrial Products industry
Industry Median: 6.77 vs XKLS:0217: 20.55

Powerwell Holdings Bhd ROE % Historical Data

The historical data trend for Powerwell 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.

Powerwell Holdings Bhd ROE % Chart

Powerwell Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
ROE %
Get a 7-Day Free Trial 35.43 25.24 16.50 -4.66 9.34

Powerwell Holdings Bhd Quarterly Data
Dec16 Dec17 Dec18 Jul19 Dec19 Mar20 Jun20 Sep20 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 9.05 14.92 6.62 12.56 46.94

Competitive Comparison of Powerwell Holdings Bhd's ROE %

For the Electrical Equipment & Parts subindustry, Powerwell 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.


Powerwell Holdings Bhd's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Powerwell Holdings Bhd's ROE % distribution charts can be found below:

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



Powerwell Holdings Bhd ROE % Calculation

Powerwell 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 )
=6.813/( (69.517+76.369)/ 2 )
=6.813/72.943
=9.34 %

Powerwell 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 )
=38.208/( (76.642+86.167)/ 2 )
=38.208/81.4045
=46.94 %

* 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.


Powerwell Holdings Bhd  (XKLS:0217) 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
=38.208/81.4045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(38.208 / 269.936)*(269.936 / 164.214)*(164.214 / 81.4045)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.15 %*1.6438*2.0173
=ROA %*Equity Multiplier
=23.26 %*2.0173
=46.94 %

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
=38.208/81.4045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (38.208 / 48.128) * (48.128 / 50.056) * (50.056 / 269.936) * (269.936 / 164.214) * (164.214 / 81.4045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7939 * 0.9615 * 18.54 % * 1.6438 * 2.0173
=46.94 %

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.


Powerwell Holdings Bhd ROE % Related Terms

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


Powerwell Holdings Bhd (XKLS:0217) Business Description

Traded in Other Exchanges
N/A
Address
No. 1B, Jalan Anggerik Mokara, 31/48, Seksyen 31, Kota Kemuning, Shah Alam, MYS, 40460
Powerwell Holdings Bhd is an investment holding company engaged in the design, manufacturing, and trading of electrical distribution products and property investment and management. The company's product range includes Powerwell Low Voltage Switchboard, Prisma iPM System Low Voltage Switchboard, Siemens Medium Voltage Switchgear, and Sivacon S8 Low Voltage Power Distribution & MCC. Its products are supplied for both local and international projects. The majority of the revenue is generated from Malaysia.

Powerwell Holdings Bhd (XKLS:0217) Headlines

No Headlines