Best World International (SGX:CGN) ROCE % : 43.38% (As of Dec. 2023)

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What is Best World International 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. Best World International's annualized ROCE % for the quarter that ended in Dec. 2023 was 43.38%.

Best World International ROCE % Historical Data

The historical data trend for Best World International'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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Best World International ROCE % Chart

Best World International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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57.82

58.58

44.23

35.40

29.47

Best World International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															58.79	19.95	34.84	19.98	43.38

Best World International ROCE % Calculation

Best World International'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 )
	=	169.923	/	( ( (740.086 - 218.628)	+	(864.868 - 233.003) )	/ 2 )
	=	169.923	/	( (521.458	+	631.865)	/ 2 )
	=	169.923	/	576.6615
	=	29.47 %

Best World International's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	264.744	/	( ( (766.342 - 177.54)	+	(864.868 - 233.003) )	/ 2 )
	=	264.744	/	( ( 588.802	+	631.865 )	/ 2 )
	=	264.744	/	610.3335
	=	43.38 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Best World International (SGX:CGN) 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.

Best World International ROCE % Related Terms

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Best World International (SGX:CGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Best World International Ltd (SGX:CGN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Pasir Panjang Road, No. 08-28 Mapletree Business City, Singapore, SGP, 117439

Website

https://www.bestworld.com.sg

Best World International Ltd is an investment holding company and the distribution of nutritional supplement products, personal care products and healthcare equipment. The company's segment includes Direct selling; Franchise and others. It generates maximum revenue from the Direct selling segment. The Direct selling segment mainly comprises sales to customers through retail and online channels in Singapore, Malaysia, Indonesia, Thailand, Taiwan, Hong Kong, Vietnam, Philippines, Korea, Australia, New Zealand, United States, and United Arab Emirates.

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