Ideal Capital Bhd (XKLS:9687) ROCE % : 11.09% (As of Sep. 2023)

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What is Ideal Capital 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. Ideal Capital Bhd's annualized ROCE % for the quarter that ended in Sep. 2023 was 11.09%.

Ideal Capital Bhd ROCE % Historical Data

The historical data trend for Ideal Capital 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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Ideal Capital Bhd ROCE % Chart

Ideal Capital Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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58.65

19.98

-7.10

10.71

7.07

Ideal Capital Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															6.09	7.75	7.55	8.31	11.09

Ideal Capital Bhd ROCE % Calculation

Ideal Capital Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	55.105	/	( ( (1196.769 - 431.351)	+	(1171.609 - 378.474) )	/ 2 )
	=	55.105	/	( (765.418	+	793.135)	/ 2 )
	=	55.105	/	779.2765
	=	7.07 %

Ideal Capital Bhd's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	105.28	/	( ( (1355.853 - 611.442)	+	(1528.018 - 373.856) )	/ 2 )
	=	105.28	/	( ( 744.411	+	1154.162 )	/ 2 )
	=	105.28	/	949.2865
	=	11.09 %

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

Ideal Capital Bhd (XKLS:9687) 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.

Ideal Capital Bhd ROCE % Related Terms

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Ideal Capital Bhd (XKLS:9687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ideal Capital Bhd (XKLS:9687) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950

Website

https://www.iubib.com.my

Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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