Varia Bhd (XKLS:5006) ROCE % : 10.11% (As of Dec. 2023)

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What is Varia 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. Varia Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.11%.

Varia Bhd ROCE % Historical Data

The historical data trend for Varia 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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Varia Bhd ROCE % Chart

Varia Bhd Annual Data

Trend

Jan13

Jan14

Jan15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-7.25

8.85

5.99

9.47

-17.20

Varia Bhd 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															-63.50	40.71	4.43	13.23	10.11

Varia Bhd ROCE % Calculation

Varia Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-9.811	/	( ( (119.692 - 46.632)	+	(70.018 - 29.029) )	/ 2 )
	=	-9.811	/	( (73.06	+	40.989)	/ 2 )
	=	-9.811	/	57.0245
	=	-17.20 %

Varia Bhd'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 )
	=	24	/	( ( (76.703 - 34.934)	+	(530.642 - 97.756) )	/ 2 )
	=	24	/	( ( 41.769	+	432.886 )	/ 2 )
	=	24	/	237.3275
	=	10.11 %

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

Varia Bhd (XKLS:5006) 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.

Varia Bhd ROCE % Related Terms

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Varia Bhd (XKLS:5006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Varia Bhd (XKLS:5006) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Zuhal U5/178, Seksyen U5, A-13A, Pusat Komersial Arena Bintang, Seksyen U5, Shah Alam, SGR, MYS, 40150

Website

https://www.stella-holdings.com.my

Varia Bhd formerly Stella Holdings Bhd is an investment holding company. The company's segment includes Investment holding; Construction; Property investment; Maintenance, facility management and services; Oil and gas; Property development; Healthcare and others. It generates maximum revenue from the Property development segment. The Property development segment includes the development of housing and commercial units for sales to house and shop purchasers.

Varia Bhd (XKLS:5006) Headlines

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