Excel Force MSC Bhd (XKLS:0065) ROCE % : 9.53% (As of Dec. 2023)

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What is Excel Force MSC 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. Excel Force MSC Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.53%.

Excel Force MSC Bhd ROCE % Historical Data

The historical data trend for Excel Force MSC 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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Excel Force MSC Bhd ROCE % Chart

Excel Force MSC Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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12.60

15.01

16.35

11.57

14.93

Excel Force MSC Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															9.96	8.32	10.75	10.52	9.53

Excel Force MSC Bhd ROCE % Calculation

Excel Force MSC Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	14.184	/	( ( (101.433 - 4.965)	+	(102.39 - 8.858) )	/ 2 )
	=	14.184	/	( (96.468	+	93.532)	/ 2 )
	=	14.184	/	95
	=	14.93 %

Excel Force MSC 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 )
	=	9.78	/	( ( (108.445 - 7.038)	+	(113.125 - 9.248) )	/ 2 )
	=	9.78	/	( ( 101.407	+	103.877 )	/ 2 )
	=	9.78	/	102.642
	=	9.53 %

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

Excel Force MSC Bhd (XKLS:0065) 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.

Excel Force MSC Bhd ROCE % Related Terms

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Excel Force MSC Bhd (XKLS:0065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excel Force MSC Bhd (XKLS:0065) » Definitions » ROCE %

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N/A

Address

Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820

Website

https://www.excelforce.com.my

Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction-based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.

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