Kobay Tech Bhd Stock Return On Equity
6971 Stock | 1.59 0.08 5.30% |
Kobay Tech Bhd fundamentals help investors to digest information that contributes to Kobay Tech's financial success or failures. It also enables traders to predict the movement of Kobay Stock. The fundamental analysis module provides a way to measure Kobay Tech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kobay Tech stock.
Kobay |
Kobay Tech Bhd Company Return On Equity Analysis
Kobay Tech's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Kobay Tech Return On Equity | 17.6 |
Most of Kobay Tech's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kobay Tech Bhd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition |
Based on the latest financial disclosure, Kobay Tech Bhd has a Return On Equity of 17.5957. This is much higher than that of the Industrials sector and significantly higher than that of the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The return on equity for all Malaysia stocks is notably lower than that of the firm.
Kobay Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kobay Tech's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kobay Tech could also be used in its relative valuation, which is a method of valuing Kobay Tech by comparing valuation metrics of similar companies.Kobay Tech is number one stock in return on equity category among its peers.
Kobay Fundamentals
Return On Equity | 17.6 | |||
Current Valuation | 984.45 M | |||
Price To Book | 2.62 X | |||
Price To Sales | 2.60 X | |||
Revenue | 354.18 M | |||
EBITDA | 85.99 M | |||
Net Income | 72.68 M | |||
Cash And Equivalents | 73.68 M | |||
Total Debt | 38.76 M | |||
Cash Flow From Operations | 21.96 M | |||
Market Capitalization | 945.92 M | |||
Total Asset | 568.71 M | |||
Z Score | 14.4 | |||
Annual Yield | 0.02 % | |||
Net Asset | 568.71 M | |||
Last Dividend Paid | 0.03 |
About Kobay Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kobay Tech Bhd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kobay Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kobay Tech Bhd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Kobay Stock
Kobay Tech financial ratios help investors to determine whether Kobay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kobay with respect to the benefits of owning Kobay Tech security.