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Farm Fresh Bhd (XKLS:5306) Return-on-Tangible-Equity : 15.06% (As of Dec. 2023)


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What is Farm Fresh 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. Farm Fresh Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM81.8 Mil. Farm Fresh Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2023 was RM542.9 Mil. Therefore, Farm Fresh Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 15.06%.

The historical rank and industry rank for Farm Fresh Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:5306' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.79   Med: 18.57   Max: 21.64
Current: 7.79

During the past 5 years, Farm Fresh Bhd's highest Return-on-Tangible-Equity was 21.64%. The lowest was 7.79%. And the median was 18.57%.

XKLS:5306's Return-on-Tangible-Equity is ranked better than
50.25% of 1793 companies
in the Consumer Packaged Goods industry
Industry Median: 7.72 vs XKLS:5306: 7.79

Farm Fresh Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Farm Fresh 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.

Farm Fresh Bhd Return-on-Tangible-Equity Chart

Farm Fresh Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
18.28 21.64 18.57 19.95 8.36

Farm Fresh Bhd Quarterly Data
Mar19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 12.54 3.21 4.38 9.35 15.06

Competitive Comparison of Farm Fresh Bhd's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Farm Fresh 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.


Farm Fresh Bhd's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Farm Fresh Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Farm Fresh Bhd's Return-on-Tangible-Equity falls into.



Farm Fresh Bhd Return-on-Tangible-Equity Calculation

Farm Fresh Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=50.08/( (585.942+611.688 )/ 2 )
=50.08/598.815
=8.36 %

Farm Fresh Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=81.764/( (542.257+543.507)/ 2 )
=81.764/542.882
=15.06 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Farm Fresh Bhd  (XKLS:5306) 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.


Farm Fresh Bhd Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Farm Fresh Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Farm Fresh Bhd (XKLS:5306) Business Description

Traded in Other Exchanges
N/A
Address
No 11-1 Jalan Petaling, Kawasan Perindustrian Larkin, Johor Bahru, JHR, MYS, 80350
Farm Fresh Bhd is a vertically integrated dairy group engaged in the business of farming, manufacturing and distributing dairy and plant-based products. The group has two reportable segments: Malaysia's Operation and Australia's Operation.

Farm Fresh Bhd (XKLS:5306) Headlines

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