Heineken Malaysia Bhd (Heineken Malaysia Bhd) ROCE % : 117.70% (As of Mar. 2024)

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What is Heineken Malaysia Bhd ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Heineken Malaysia Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 117.70%.

Heineken Malaysia Bhd ROCE % Historical Data

The historical data trend for Heineken Malaysia Bhd's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Heineken Malaysia Bhd ROCE % Chart

Heineken Malaysia Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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99.21

51.07

77.89

122.04

98.60

Heineken Malaysia Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															100.22	87.07	112.90	122.52	117.70

Heineken Malaysia Bhd ROCE % Calculation

Heineken Malaysia Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	111.521	/	( ( (319.361 - 200.129)	+	(267.804 - 160.835) )	/ 2 )
	=	111.521	/	( (119.232	+	106.969)	/ 2 )
	=	111.521	/	113.1005
	=	98.60 %

Heineken Malaysia Bhd's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	140.436	/	( ( (267.804 - 160.835)	+	(333.38 - 201.722) )	/ 2 )
	=	140.436	/	( ( 106.969	+	131.658 )	/ 2 )
	=	140.436	/	119.3135
	=	117.70 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Heineken Malaysia Bhd (OTCPK:GUANF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Heineken Malaysia Bhd ROCE % Related Terms

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Heineken Malaysia Bhd (Heineken Malaysia Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Malaysia Bhd (OTCPK:GUANF) » Definitions » ROCE %

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3255:Malaysia

Address

Batu 9, Jalan Klang Lama, Sungei Way Brewery, Lot 1135, Petaling Jaya, SGR, MYS, 46000

Website

https://www.heinekenmalaysia.com

Heineken Malaysia Bhd is engaged in the production, packaging, marketing and distribution of beverages, mainly alcoholic. The portfolio of the company includes various iconic brands such as The World-acclaimed iconic Asian beer - Tiger Beer, The crystal-cold filtered beer - Tiger Crystal, The New Zealand inspired cider - Apple Fox Cider, The premium Irish ale - Kilkenny, The real shandy - Anglia and others.

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