Metech International (SGX:V3M) ROCE % : -67.63% (As of Dec. 2023)

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What is Metech 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. Metech International's annualized ROCE % for the quarter that ended in Dec. 2023 was -67.63%.

Metech International ROCE % Historical Data

The historical data trend for Metech 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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Metech International ROCE % Chart

Metech International Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

ROCE %

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-37.95

-29.58

-22.86

-46.51

-37.96

Metech International Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial															-19.96	-34.46	-26.28	-137.56	-67.63

Metech International ROCE % Calculation

Metech International's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	-2.731	/	( ( (2.347 - 0.337)	+	(13.224 - 0.845) )	/ 2 )
	=	-2.731	/	( (2.01	+	12.379)	/ 2 )
	=	-2.731	/	7.1945
	=	-37.96 %

Metech 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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	-2.92	/	( ( (6.75 - 0.758)	+	(3.839 - 1.196) )	/ 2 )
	=	-2.92	/	( ( 5.992	+	2.643 )	/ 2 )
	=	-2.92	/	4.3175
	=	-67.63 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Metech International (SGX:V3M) 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.

Metech International ROCE % Related Terms

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Metech International (SGX:V3M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Metech International Ltd (SGX:V3M) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100G Pasir Panjang Road, No. 04-07 Interlocal Centre, Singapore, SGP, 118523

Website

https://www.metechinternational.com

Metech International Ltd is a Singapore-based investment holding company. It is principally engaged in the processing service center for the electronics industry and the trading of plastics and non-precious metal materials. The company has three reportable segments Lab-Grown Diamond, Supply-chain management and corporate. Lab-Grown Diamond segment consists of manufacturing and distribution of lab-grown diamonds. The Supply-chain management segment which acts as a key revenue driver for the firm provides general wholesale trading of metal products, provides management and advisory of recycling and supply chain services, and the Corporate segment consists of an investment holding company.

Metech International (SGX:V3M) Headlines

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