Go subscribe to The Motley Fool. I read some of their past papers, and was impressed. No, I am not making any money from them.
Dateline 2016-04-21, Motley Fool:
Petroliam Nasional Berhad, or PETRONAS for short, has over 100 subsidiaries. Petronas Gas Berhad (KLCE: PETGAS; 6033.KL), which is valued at MYR43 billion, is one of them.
The company processes and transmits gas to its parent, PETRONAS, and also to its own customers. Apart from being one of Malaysia’s ten largest listed businesses, Petronas Gas also boasts one of the highest Returns on Equity (RoE) on the market.
Its RoE of 17.7% implies that the Petronas Gas generated MYR17.70 on every MYR100 of money invested in the company. The median RoE for the Malaysian market is closer to 10%.
Petronas Gas’ high Return on Equity can be traced to its impressive Net Income Margin of 44.6%. It means that the gas infrastructure company produced MYR44.60 on every MYR100 of revenues. By comparison, stablemate Petronas Chemicals Group (KLSE: PCHEM; 5183.KL) generated MYR20.50 on every MYR100 of sales.
…
