GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bina Darulaman Bhd (XKLS:6173) » Definitions » ROCE %

Bina Darulaman Bhd (XKLS:6173) ROCE % : 16.11% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Bina Darulaman 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. Bina Darulaman Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.11%.


Bina Darulaman Bhd ROCE % Historical Data

The historical data trend for Bina Darulaman 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.

* Premium members only.

Bina Darulaman Bhd ROCE % Chart

Bina Darulaman Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 3.19 2.56 3.01 3.74

Bina Darulaman 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.57 -4.66 -1.77 5.38 16.11

Bina Darulaman Bhd ROCE % Calculation

Bina Darulaman 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 )
=20.302/( ( (717.129 - 183.974) + (799.185 - 245.426) )/ 2 )
=20.302/( (533.155+553.759)/ 2 )
=20.302/543.457
=3.74 %

Bina Darulaman 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 )
=86.972/( ( (749.032 - 222.751) + (799.185 - 245.426) )/ 2 )
=86.972/( ( 526.281 + 553.759 )/ 2 )
=86.972/540.02
=16.11 %

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

* 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.


Bina Darulaman Bhd  (XKLS:6173) 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.


Bina Darulaman Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Bina Darulaman Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bina Darulaman Bhd (XKLS:6173) Business Description

Traded in Other Exchanges
N/A
Address
88, Lebuhraya Darulaman, Level 9, Menara BDB, Alor Setar, MYS, 05100
Bina Darulaman Bhd with its subsidiaries is an investment holding company. The principal activity of the group includes the provision of management services and property development. The group has five business major business segments namely property development and investment which is the development of residential and commercial properties, quarrying and road building which includes granite quarry operator and civil engineering contractor, Engineering and construction including building and general contractor, Leisure which includes the operation of golf and golf resort owner and operator and Investment holding which includes the provision of management services. The group operates in Malaysia.

Bina Darulaman Bhd (XKLS:6173) Headlines

No Headlines