Latest news with #Ekovest
![MARKET PULSE PM JULY 28, 2025 [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2Fmpp28_NSTfield_image_socialmedia.var_1753701279.jpg&w=3840&q=100)
![MARKET PULSE PM JULY 28, 2025 [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fassets%2FNST-Logo%402x.png%3Fid%3Db37a17055cb1ffea01f5&w=48&q=75){kind=small}
New Straits Times
28-07-2025
- Business
- New Straits Times
MARKET PULSE PM JULY 28, 2025 [WATCH]
KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia ended in negative territory on Monday after starting the day on a strong note, as investors turned more cautious ahead of the tariff negotiation deadline on Thursday. The benchmark index finished at 1,529.38, down 0.29 per cent. Among the most actively traded stocks were Zetrix AI, Ekovest, and NexG. The ringgit depreciated against the US dollar, ending at 4.2310, as the greenback strengthened following a framework trade agreement between the United States and the European Union. In the cryptocurrency market, Bitcoin remained above the RM500,000 level, trading at RM503,001, while Ethereum continued its upward trend at RM16,408. That's it for Market Pulse. Corporate Jul 22, 2025 @ 7:00am MARKET PULSE PM JULY 22, 2025 [WATCH] Corporate Apr 27, 2025 @ 11:00pm MARKET PULSE AM APRIL 28, 2025 [WATCH] Corporate Apr 28, 2025 @ 7:00am MARKET PULSE PM APRIL 28, 2025 [WATCH] Corporate May 27, 2025 @ 11:00pm MARKET PULSE AM MAY 28, 2025 [WATCH]
Yahoo
18-05-2025
- Business
- Yahoo
Returns At Ekovest Berhad (KLSE:EKOVEST) Appear To Be Weighed Down
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. In light of that, when we looked at Ekovest Berhad (KLSE:EKOVEST) and its ROCE trend, we weren't exactly thrilled. We've discovered 2 warning signs about Ekovest Berhad. View them for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Ekovest Berhad is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.034 = RM317m ÷ (RM11b - RM1.7b) (Based on the trailing twelve months to December 2024). Therefore, Ekovest Berhad has an ROCE of 3.4%. In absolute terms, that's a low return and it also under-performs the Construction industry average of 8.2%. See our latest analysis for Ekovest Berhad While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Ekovest Berhad. Over the past five years, Ekovest Berhad's ROCE and capital employed have both remained mostly flat. This tells us the company isn't reinvesting in itself, so it's plausible that it's past the growth phase. With that in mind, unless investment picks up again in the future, we wouldn't expect Ekovest Berhad to be a multi-bagger going forward. In summary, Ekovest Berhad isn't compounding its earnings but is generating stable returns on the same amount of capital employed. And in the last five years, the stock has given away 28% so the market doesn't look too hopeful on these trends strengthening any time soon. Therefore based on the analysis done in this article, we don't think Ekovest Berhad has the makings of a multi-bagger. Like most companies, Ekovest Berhad does come with some risks, and we've found 2 warning signs that you should be aware of. While Ekovest Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
18-05-2025
- Business
- Yahoo
Returns At Ekovest Berhad (KLSE:EKOVEST) Appear To Be Weighed Down
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. In light of that, when we looked at Ekovest Berhad (KLSE:EKOVEST) and its ROCE trend, we weren't exactly thrilled. We've discovered 2 warning signs about Ekovest Berhad. View them for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Ekovest Berhad is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.034 = RM317m ÷ (RM11b - RM1.7b) (Based on the trailing twelve months to December 2024). Therefore, Ekovest Berhad has an ROCE of 3.4%. In absolute terms, that's a low return and it also under-performs the Construction industry average of 8.2%. See our latest analysis for Ekovest Berhad While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Ekovest Berhad. Over the past five years, Ekovest Berhad's ROCE and capital employed have both remained mostly flat. This tells us the company isn't reinvesting in itself, so it's plausible that it's past the growth phase. With that in mind, unless investment picks up again in the future, we wouldn't expect Ekovest Berhad to be a multi-bagger going forward. In summary, Ekovest Berhad isn't compounding its earnings but is generating stable returns on the same amount of capital employed. And in the last five years, the stock has given away 28% so the market doesn't look too hopeful on these trends strengthening any time soon. Therefore based on the analysis done in this article, we don't think Ekovest Berhad has the makings of a multi-bagger. Like most companies, Ekovest Berhad does come with some risks, and we've found 2 warning signs that you should be aware of. While Ekovest Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
05-05-2025
- Business
- The Star
Govt nods Ekovest's highway privatisation
PETALING JAYA: After over eight years, Ekovest Bhd has received the government's approval to proceed with the proposed privatisation of two urban expressway projects – Laluan Istana–Kiara Expressway (LIKE) and the Kampung Baru Link Expressway (KBL) – under its highway expansion plan. In a filing with Bursa Malaysia, Ekovest said its wholly owned subsidiary Lebuhraya DUKE Fasa 2A Sdn Bhd (LDF2A) was notified by the government yesterday of the approval to implement the LIKE — previously referred to as the Istana Link — and the KBL. The project will be implemented in two phases, with the first phase involving the Laluan Istana–Kiara Expressway (LIKE). Ekovest said the government and LDF2A will proceed with signing the concession agreement for LIKE once it is 'checked and cleared' by the Attorney-General's Chambers. The second phase, which covers the KBL, will see the Public-Private Partnership Unit (UKAS) working with relevant ministries and LDF2A to finalise the key terms of the concession by Dec 31, 2026. The proposal was first disclosed in January 2017, when Ekovest announced it had secured principle approval from the government for the privatisation of the KBL, LIKE and Kapar Link Expressway, spanning a total of 75.2 kilometres. At the time, the project was estimated to cost RM6.32bil and was intended 'to provide vital connectivity and direct linkage for movement in and around Kuala Lumpur city center and complete the missing link for seamless travelling in and out of Greater Kuala Lumpur and Klang Valley.' Ekovest is also the concessionaire of the Duta–Ulu Kelang Expressway (DUKE) network, including its phase 2 extensions.
