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Sapura Industrial Bhd (XKLS:7811) ROE % : 6.99% (As of Oct. 2023)


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What is Sapura Industrial Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sapura Industrial Bhd's annualized net income for the quarter that ended in Oct. 2023 was RM7.6 Mil. Sapura Industrial Bhd's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was RM108.4 Mil. Therefore, Sapura Industrial Bhd's annualized ROE % for the quarter that ended in Oct. 2023 was 6.99%.

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

XKLS:7811' s ROE % Range Over the Past 10 Years
Min: -3.68   Med: 4.92   Max: 19.53
Current: 7.14

During the past 13 years, Sapura Industrial Bhd's highest ROE % was 19.53%. The lowest was -3.68%. And the median was 4.92%.

XKLS:7811's ROE % is ranked worse than
51.19% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 7.37 vs XKLS:7811: 7.14

Sapura Industrial Bhd ROE % Historical Data

The historical data trend for Sapura Industrial 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.

Sapura Industrial Bhd ROE % Chart

Sapura Industrial Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 2.15 0.69 -3.68 8.75

Sapura Industrial Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 9.85 10.70 6.65 4.27 6.99

Competitive Comparison of Sapura Industrial Bhd's ROE %

For the Auto Parts subindustry, Sapura Industrial 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.


Sapura Industrial Bhd's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sapura Industrial Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Sapura Industrial Bhd's ROE % falls into.



Sapura Industrial Bhd ROE % Calculation

Sapura Industrial Bhd's annualized ROE % for the fiscal year that ended in Jan. 2023 is calculated as

ROE %=Net Income (A: Jan. 2023 )/( (Total Stockholders Equity (A: Jan. 2022 )+Total Stockholders Equity (A: Jan. 2023 ))/ count )
=9.02/( (99.854+106.354)/ 2 )
=9.02/103.104
=8.75 %

Sapura Industrial Bhd's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Jul. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=7.58/( (107.47+109.365)/ 2 )
=7.58/108.4175
=6.99 %

* 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 (Oct. 2023) net income data. ROE % is displayed in the 30-year financial page.


Sapura Industrial Bhd  (XKLS:7811) 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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=7.58/108.4175
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.58 / 308.344)*(308.344 / 206.944)*(206.944 / 108.4175)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.46 %*1.49*1.9088
=ROA %*Equity Multiplier
=3.67 %*1.9088
=6.99 %

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: Oct. 2023 )
=Net Income/Total Stockholders Equity
=7.58/108.4175
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7.58 / 15.06) * (15.06 / 11.32) * (11.32 / 308.344) * (308.344 / 206.944) * (206.944 / 108.4175)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5033 * 1.3304 * 3.67 % * 1.49 * 1.9088
=6.99 %

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


Sapura Industrial Bhd ROE % Related Terms

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


Sapura Industrial Bhd (XKLS:7811) Business Description

Traded in Other Exchanges
N/A
Address
Lot 2 & 4, Jalan P/11, Seksyen 10,, Kawasan Perindustrian Bangi,, Bandar Baru Bangi,, SGR, MYS, 43650
Sapura Industrial Bhd is an automotive components manufacturer. The company is organized into three business segments namely Manufacturing engaged in the manufacture and supply of products for the automotive, electronics, and electrical industries, and the manufacture of butt-weld fittings for oil and gas industries; Investment holding engaged in the holding of investments and provision of management services to subsidiaries; and Others engaged in trading of auto parts in the retail and after-sales market, providing computer-aided design and manufacture of sub-systems and systems for applications in production and testing and other dormant companies. The company earns the majority of its revenue from the Manufacturing segment. The company's operations are carried out solely in Malaysia.

Sapura Industrial Bhd (XKLS:7811) Headlines

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