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Excel Force MSC Bhd (XKLS:0065) ROE % : 7.92% (As of Mar. 2024)


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What is Excel Force MSC Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Excel Force MSC Bhd's annualized net income for the quarter that ended in Mar. 2024 was RM8.92 Mil. Excel Force MSC Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was RM112.61 Mil. Therefore, Excel Force MSC Bhd's annualized ROE % for the quarter that ended in Mar. 2024 was 7.92%.

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

XKLS:0065' s ROE % Range Over the Past 10 Years
Min: 5.68   Med: 13.97   Max: 21.12
Current: 5.68

During the past 13 years, Excel Force MSC Bhd's highest ROE % was 21.12%. The lowest was 5.68%. And the median was 13.97%.

XKLS:0065's ROE % is ranked better than
55.08% of 2649 companies
in the Software industry
Industry Median: 3.23 vs XKLS:0065: 5.68

Excel Force MSC Bhd ROE % Historical Data

The historical data trend for Excel Force MSC 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.

Excel Force MSC Bhd ROE % Chart

Excel Force MSC Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.59 13.73 14.20 9.01 11.37

Excel Force MSC Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23 Dec23 Mar24
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 6.89 8.06 8.00 7.36 7.92

Competitive Comparison of Excel Force MSC Bhd's ROE %

For the Software - Application subindustry, Excel Force MSC 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.


Excel Force MSC Bhd's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Excel Force MSC Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Excel Force MSC Bhd's ROE % falls into.



Excel Force MSC Bhd ROE % Calculation

Excel Force MSC Bhd's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=10.766/( (96.469+92.859)/ 2 )
=10.766/94.664
=11.37 %

Excel Force MSC Bhd's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=8.924/( (100.816+124.404)/ 2 )
=8.924/112.61
=7.92 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Excel Force MSC Bhd  (XKLS:0065) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=8.924/112.61
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.924 / 28.112)*(28.112 / 128.2115)*(128.2115 / 112.61)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.74 %*0.2193*1.1385
=ROA %*Equity Multiplier
=6.96 %*1.1385
=7.92 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=8.924/112.61
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8.924 / 11.532) * (11.532 / 10.048) * (10.048 / 28.112) * (28.112 / 128.2115) * (128.2115 / 112.61)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7738 * 1.1477 * 35.74 % * 0.2193 * 1.1385
=7.92 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Excel Force MSC Bhd ROE % Related Terms

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Excel Force MSC Bhd (XKLS:0065) Business Description

Traded in Other Exchanges
N/A
Address
Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction-based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.

Excel Force MSC Bhd (XKLS:0065) Headlines

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