VCI Return On Tangible Assets from 2010 to 2024

VCIG Stock   1.67  0.20  10.70%   
VCI Global's Return On Tangible Assets are decreasing over the last several years with slightly volatile swings. Return On Tangible Assets are estimated to finish at 0.57 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.31466432
Current Value
0.57
Quarterly Volatility
0.15831074
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VCI Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VCI Global's main balance sheet or income statement drivers, such as Net Interest Income of 1.8 M, Interest Income of 2 M or Depreciation And Amortization of 780.1 K, as well as many indicators such as Price To Sales Ratio of 196, Dividend Yield of 0.0 or PTB Ratio of 183. VCI financial statements analysis is a perfect complement when working with VCI Global Valuation or Volatility modules.
  
Check out the analysis of VCI Global Correlation against competitors.

Latest VCI Global's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of VCI Global Limited over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. VCI Global's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VCI Global's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

VCI Return On Tangible Assets Regression Statistics

Arithmetic Mean0.70
Geometric Mean0.68
Coefficient Of Variation22.46
Mean Deviation0.13
Median0.79
Standard Deviation0.16
Sample Variance0.03
Range0.4774
R-Value(0.72)
Mean Square Error0.01
R-Squared0.52
Significance0
Slope(0.03)
Total Sum of Squares0.35

VCI Return On Tangible Assets History

2024 0.57
2023 0.31
2022 0.52
2021 0.46

About VCI Global Financial Statements

VCI Global stakeholders use historical fundamental indicators, such as VCI Global's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although VCI Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in VCI Global's assets and liabilities are reflected in the revenues and expenses on VCI Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in VCI Global Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.31  0.57 

Currently Active Assets on Macroaxis

When determining whether VCI Global Limited is a strong investment it is important to analyze VCI Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VCI Global's future performance. For an informed investment choice regarding VCI Stock, refer to the following important reports:
Check out the analysis of VCI Global Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VCI Global. If investors know VCI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VCI Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
8.51
Revenue Per Share
96.7
Quarterly Revenue Growth
0.456
Return On Assets
0.1441
The market value of VCI Global Limited is measured differently than its book value, which is the value of VCI that is recorded on the company's balance sheet. Investors also form their own opinion of VCI Global's value that differs from its market value or its book value, called intrinsic value, which is VCI Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VCI Global's market value can be influenced by many factors that don't directly affect VCI Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VCI Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if VCI Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VCI Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.