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Sunsuria Bhd (XKLS:3743) ROIC % : 2.59% (As of Dec. 2023)


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What is Sunsuria Bhd ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Sunsuria Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2023 was 2.59%.

As of today (2024-05-27), Sunsuria Bhd's WACC % is 3.31%. Sunsuria Bhd's ROIC % is 2.95% (calculated using TTM income statement data). Sunsuria Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Sunsuria Bhd ROIC % Historical Data

The historical data trend for Sunsuria Bhd's ROIC % 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.

Sunsuria Bhd ROIC % Chart

Sunsuria Bhd Annual Data
Trend Mar13 Mar14 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.01 1.81 1.23 1.46 2.10

Sunsuria Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROIC % 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 0.84 2.71 3.31 3.01 2.59

Competitive Comparison of Sunsuria Bhd's ROIC %

For the Real Estate - Development subindustry, Sunsuria Bhd's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunsuria Bhd's ROIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunsuria Bhd's ROIC % distribution charts can be found below:

* The bar in red indicates where Sunsuria Bhd's ROIC % falls into.



Sunsuria Bhd ROIC % Calculation

Sunsuria Bhd's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2023 is calculated as:

ROIC % (A: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2022 ) + Invested Capital (A: Sep. 2023 ))/ count )
=58.75 * ( 1 - 34.02% )/( (1754.674 + 1942.484)/ 2 )
=38.76325/1848.579
=2.10 %

where

Invested Capital(A: Sep. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2118.571 - 207.311 - ( 156.586 - max(0, 483.295 - 1181.971+156.586))
=1754.674

Invested Capital(A: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2235.26 - 161.77 - ( 131.006 - max(0, 560.063 - 1242.034+131.006))
=1942.484

Sunsuria Bhd's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2023 is calculated as:

ROIC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=76.56 * ( 1 - 41.11% )/( (1942.484 + 1542.28)/ 2 )
=45.086184/1742.382
=2.59 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2235.26 - 161.77 - ( 131.006 - max(0, 560.063 - 1242.034+131.006))
=1942.484

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2163.359 - 362.563 - ( 258.516 - max(0, 454.183 - 1128.466+258.516))
=1542.28

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


Sunsuria Bhd  (XKLS:3743) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Sunsuria Bhd's WACC % is 3.31%. Sunsuria Bhd's ROIC % is 2.95% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Sunsuria Bhd ROIC % Related Terms

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Sunsuria Bhd (XKLS:3743) Business Description

Traded in Other Exchanges
N/A
Address
Sunsuria Avenue, Suite 8, Main Tower, Persiaran Mahogani, Kota Damansara, PJU 5, Petaling Jaya, SGR, MYS, 47810
Sunsuria Bhd is an investment holding company. It operates in Four segments: property development, Construction, Healthcare, Investment holding & others. Property development undertakes the development of commercial and residential properties. The construction segment is engaged in construction activities. Investment holding and others include; investment activities, provision of management services, and others. The healthcare segment includes; the trading of pharmaceutical and medical goods, healthcare-related products, and the operation of integrated healthcare centers. The majority of its revenue comes from property development. The firm operates within Malaysia.

Sunsuria Bhd (XKLS:3743) Headlines

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