Latest news with #RM34m
Yahoo
10-07-2025
- Business
- Yahoo
Oiltek International (SGX:HQU) Is Investing Its Capital With Increasing Efficiency
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Speaking of which, we noticed some great changes in Oiltek International's (SGX:HQU) returns on capital, so let's have a look. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Oiltek International: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.40 = RM34m ÷ (RM217m - RM132m) (Based on the trailing twelve months to December 2024). Thus, Oiltek International has an ROCE of 40%. That's a fantastic return and not only that, it outpaces the average of 9.1% earned by companies in a similar industry. See our latest analysis for Oiltek International Above you can see how the current ROCE for Oiltek International compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Oiltek International . Oiltek International is displaying some positive trends. The data shows that returns on capital have increased substantially over the last five years to 40%. The amount of capital employed has increased too, by 128%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. On a separate but related note, it's important to know that Oiltek International has a current liabilities to total assets ratio of 61%, which we'd consider pretty high. This effectively means that suppliers (or short-term creditors) are funding a large portion of the business, so just be aware that this can introduce some elements of risk. While it's not necessarily a bad thing, it can be beneficial if this ratio is lower. In summary, it's great to see that Oiltek International can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. Since the stock has returned a staggering 893% to shareholders over the last three years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue. One more thing, we've spotted 1 warning sign facing Oiltek International that you might find interesting. High returns are a key ingredient to strong performance, so check out our free list ofstocks 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 Sun
09-07-2025
- Sport
- The Sun
Malaysia's Mirabel Ting competes with a higher purpose
MALAYSIA'S Mirabel Ting will be playing for a higher purpose when she makes her professional debut in the fourth women's Major of the year, The Amundi Evian Championship, which starts on Thursday at Evian Resort Golf Club in France. The highly rated Ting earned her place in the US$8 million (RM34m) showpiece as the 2025 recipient of the Annika Award, given annually to the leading female golfer on the U.S. collegiate circuit. The 19-year-old ended her time in the amateur ranks with a superb junior year at Florida State University, racking up five individual titles and soaring up to second place in the World Amateur Golf Ranking. 'I'm definitely excited to make my professional debut and play in my first Major. I think I'm playing for something bigger than myself this week. My dad, my grandma and recently my grandpa passed away, so I'm playing for them. I feel like whatever results I achieve, whether I miss the cut or make the cut, it doesn't really matter. It's more about honouring all three of them. Regardless of the result, I think they'll be proud of me,' shared Ting. Having got in 27 holes of practice at the picturesque Evian Resort course, Ting noted that finding the fairway off the tee is of paramount importance. 'And a few putts dropping here and there would help! On the par-threes, the water's in play and they're long, and we have a lot of shots going into the par-fours that are like 180 yards. So just getting it on the green and making pars on this golf course would be great. 'The greens are really true and the putts can be fast or slow, depending on where the water is going and where the mountain is,' explained Ting, who hails from Miri in Sarawak. This will be Ting's second start in an LPGA Tour event, following last year's Maybank Championship at Kuala Lumpur Golf & Country Club when she finished as leading Malaysian in joint 12th position.
The Sun
09-07-2025
- Sport
- The Sun
Higher purpose for Malaysia's Mirabel Ting
MALAYSIA'S Mirabel Ting will be playing for a higher purpose when she makes her professional debut in the fourth women's Major of the year, The Amundi Evian Championship, which starts on Thursday at Evian Resort Golf Club in France. The highly rated Ting earned her place in the US$8 million (RM34m) showpiece as the 2025 recipient of the Annika Award, given annually to the leading female golfer on the U.S. collegiate circuit. The 19-year-old ended her time in the amateur ranks with a superb junior year at Florida State University, racking up five individual titles and soaring up to second place in the World Amateur Golf Ranking. 'I'm definitely excited to make my professional debut and play in my first Major. I think I'm playing for something bigger than myself this week. My dad, my grandma and recently my grandpa passed away, so I'm playing for them. I feel like whatever results I achieve, whether I miss the cut or make the cut, it doesn't really matter. It's more about honouring all three of them. Regardless of the result, I think they'll be proud of me,' shared Ting. Having got in 27 holes of practice at the picturesque Evian Resort course, Ting noted that finding the fairway off the tee is of paramount importance. 'And a few putts dropping here and there would help! On the par-threes, the water's in play and they're long, and we have a lot of shots going into the par-fours that are like 180 yards. So just getting it on the green and making pars on this golf course would be great. 'The greens are really true and the putts can be fast or slow, depending on where the water is going and where the mountain is,' explained Ting, who hails from Miri in Sarawak. This will be Ting's second start in an LPGA Tour event, following last year's Maybank Championship at Kuala Lumpur Golf & Country Club when she finished as leading Malaysian in joint 12th position.
Yahoo
23-04-2025
- Business
- Yahoo
Returns On Capital At Pesona Metro Holdings Berhad (KLSE:PESONA) Have Stalled
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. However, after briefly looking over the numbers, we don't think Pesona Metro Holdings Berhad (KLSE:PESONA) has the makings of a multi-bagger going forward, but let's have a look at why that may be. Our free stock report includes 3 warning signs investors should be aware of before investing in Pesona Metro Holdings Berhad. Read for free now. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Pesona Metro Holdings Berhad is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.085 = RM34m ÷ (RM785m - RM386m) (Based on the trailing twelve months to December 2024). Thus, Pesona Metro Holdings Berhad has an ROCE of 8.5%. In absolute terms, that's a low return but it's around the Construction industry average of 10.0%. See our latest analysis for Pesona Metro Holdings Berhad Historical performance is a great place to start when researching a stock so above you can see the gauge for Pesona Metro Holdings Berhad's ROCE against it's prior returns. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Pesona Metro Holdings Berhad. Over the past five years, Pesona Metro Holdings Berhad's ROCE and capital employed have both remained mostly flat. Businesses with these traits tend to be mature and steady operations because they're past the growth phase. So unless we see a substantial change at Pesona Metro Holdings Berhad in terms of ROCE and additional investments being made, we wouldn't hold our breath on it being a multi-bagger. On a separate but related note, it's important to know that Pesona Metro Holdings Berhad has a current liabilities to total assets ratio of 49%, which we'd consider pretty high. This can bring about some risks because the company is basically operating with a rather large reliance on its suppliers or other sorts of short-term creditors. While it's not necessarily a bad thing, it can be beneficial if this ratio is lower. In a nutshell, Pesona Metro Holdings Berhad has been trudging along with the same returns from the same amount of capital over the last five years. And investors may be recognizing these trends since the stock has only returned a total of 23% to shareholders over the last five years. Therefore, if you're looking for a multi-bagger, we'd propose looking at other options. If you want to know some of the risks facing Pesona Metro Holdings Berhad we've found 3 warning signs (1 makes us a bit uncomfortable!) that you should be aware of before investing here. While Pesona Metro Holdings Berhad may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. 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
18-02-2025
- Business
- Yahoo
Investors Could Be Concerned With Ho Wah Genting Berhad's (KLSE:HWGB) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Although, when we looked at Ho Wah Genting Berhad (KLSE:HWGB), it didn't seem to tick all of these boxes. 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. To calculate this metric for Ho Wah Genting Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.014 = RM1.3m ÷ (RM128m - RM34m) (Based on the trailing twelve months to September 2024). Thus, Ho Wah Genting Berhad has an ROCE of 1.4%. In absolute terms, that's a low return and it also under-performs the Electrical industry average of 11%. Check out our latest analysis for Ho Wah Genting 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're interested in investigating Ho Wah Genting Berhad's past further, check out this free graph covering Ho Wah Genting Berhad's past earnings, revenue and cash flow. The trend of ROCE doesn't look fantastic because it's fallen from 2.8% five years ago, while the business's capital employed increased by 114%. That being said, Ho Wah Genting Berhad raised some capital prior to their latest results being released, so that could partly explain the increase in capital employed. Ho Wah Genting Berhad probably hasn't received a full year of earnings yet from the new funds it raised, so these figures should be taken with a grain of salt. On a side note, Ho Wah Genting Berhad has done well to pay down its current liabilities to 27% of total assets. That could partly explain why the ROCE has dropped. What's more, this can reduce some aspects of risk to the business because now the company's suppliers or short-term creditors are funding less of its operations. Some would claim this reduces the business' efficiency at generating ROCE since it is now funding more of the operations with its own money. Bringing it all together, while we're somewhat encouraged by Ho Wah Genting Berhad's reinvestment in its own business, we're aware that returns are shrinking. And in the last five years, the stock has given away 51% so the market doesn't look too hopeful on these trends strengthening any time soon. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere. One more thing, we've spotted 1 warning sign facing Ho Wah Genting Berhad that you might find interesting. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. 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
