JHM @ 8th April 2018

JHM @ 8th April 2018

PIE @ 8th April 2018

PIE @ 8th April 2018

New:
Added EV/EBITDA ratio
Modified and added Dividend per Share, DY%, DY Payout Ratio % calculation

SKPRES @ 8th April 2018

SKPRES @ 8th April 2018

New:
Added EV/EBITDA ratio
Modified and added Dividend per Share, DY%, DY Payout Ratio % calculation

VS @ 8th April 2018

VS @ 8th April 2018

New:
Added EV/EBITDA ratio
Modified and added Dividend per Share, DY%, DY Payout Ratio % calculation

Understand ROE & DuPont Formula - MMSV as example

Understand ROE & DuPont Formula  

MMSV  as example

In general: ROE = Net Income / Average Total Shareholder Equity

However, if we drill ROE further down by using DuPont Formula

ROE = (Net Income / Total Revenue) X (Total Revenue / Total Assets) X Total Assets / Average Shareholders Equity)

Whereas:

Net Income/Total Revenue = Profitability; the ability to earn income

Total Revenue / Total Assets = Asset Turnover; the ability for operational efficient

Total Assets/ Average Shareholders Equity = Leverage; to check debt ratio

Now use MMSV as example:

Profitability:

Profitability increase from 25.8% in 2015 to 27.9% in 2017. 

MMSV is able to increase its profit margin % every year.

Asset Turnover:

The asset turnover in 2017 is 106%. The management is able to generate 106% of revenue from its total assets. 106% is the highest in 2017.

MMSV has

Leverage:

Leverage is 122% in 2017. What is that means?

Total Asset = Total Liability + Total Shareholder Equity

Assume Total Equity = 100

Thus, Total Asset = 122

Total Liability = 122-100 = 22

Debt ratio = 22/122= 18%

 

Therefore, MMSV is low debt company for the last 5 years.

We can conclude that MMSV is having high ROE are due to high profitability and high asset turnover.

 

PROPERTY Peer Comparison @ 8th April 2018 MAHSING, MATRIX, SUNWAY, IOIPG, LBS, SPSETIA

PROPERTY Peer Comparison @ 8th April 2018 

MAHSING, MATRIX, SUNWAY, IOIPG, LBS, SPSETIA

New:
Added EV/EBITDA ratio
Modified and added Dividend per Share, DY%, DY Payout Ratio % calculation

TECH Peers Comparison @ 7th April 2018 ELSOFT, MMSV, AEMULUS, INARI, VITROX, VIS

TECH Peers Comparison @ 7th April 2018 

ELSOFT, MMSV, AEMULUS, INARI, VITROX, VIS

Disclaimers:

The raw data are extracted from internet without further validation. Readers are advised to refer to BURSA for the official financial figures of the mentioned listed company.The raw data are extracted from internet without further validation. Readers are advised to refer to BURSA for the official financial figures of the mentioned listed company.

KRONO @ 7th April 2018

KRONO @ 7th April 2018