KTI Landmark Bhd (XKLS:0308) ROC % : 1.96% (As of Jun. 2024)

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What is KTI Landmark Bhd ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. KTI Landmark Bhd's annualized return on capital (ROC %) for the quarter that ended in Jun. 2024 was 1.96%.

As of today (2024-12-12), KTI Landmark Bhd's WACC % is 6.39%. KTI Landmark Bhd's ROC % is 0.98% (calculated using TTM income statement data). KTI Landmark Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.

KTI Landmark Bhd ROC % Historical Data

The historical data trend for KTI Landmark Bhd's ROC % 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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KTI Landmark Bhd ROC % Chart

KTI Landmark Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROC %

8.58

11.32

7.03

6.21

KTI Landmark Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Jun24
ROC %	-	-	-	-	1.96

KTI Landmark Bhd ROC % Calculation

KTI Landmark Bhd's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

	ROC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	19.33 * ( 1 - 20.11% )	/	( (177.709	+	319.513)	/ 2 )
=	15.442737	/	248.611
=	6.21 %

where

	Invested Capital		(A: Dec. 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	))
=	250.156	-	28.179	-	( 44.268	-	max(0, 87.377	-	208.371	+	44.268	))
=	177.709

	Invested Capital		(A: 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	))
=	384.727	-	34.955	-	( 30.259	-	max(0, 189.271	-	314.2	+	30.259	))
=	319.513

KTI Landmark Bhd's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	4.578 * ( 1 - -49.33% )	/	( (319.513	+	379.553)	/ 2 )
=	6.8363274	/	349.533
=	1.96 %

where

	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	))
=	384.727	-	34.955	-	( 30.259	-	max(0, 189.271	-	314.2	+	30.259	))
=	319.513

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	484.931	-	54.29	-	( 51.088	-	max(0, 270.825	-	403.966	+	51.088	))
=	379.553

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

KTI Landmark Bhd (XKLS:0308) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, KTI Landmark Bhd's WACC % is 6.39%. KTI Landmark Bhd's ROC % is 0.98% (calculated using TTM income statement data). KTI Landmark Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % 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.

KTI Landmark Bhd ROC % Related Terms

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KTI Landmark Bhd Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Nountun, Lot 220 (Ground Floor), 221 (Ground Floor and 1st Floor), and 222 (Ground Floor to 3rd Floor), Taman Nelly 9, Phase 4 Shoplot, Lorong Nelly Plaza, Kolombong, Kota Kinabalu, SBH, MYS, 88844

Website

https://www.ktilandmark.com

KTI Landmark Bhd y is an investment holding company. Through its subsidiaries, It is engaged in property development, principally involved in the provision of design and build construction services and property development. The company design and build construction projects and property development projects are located in Sabah, and it comprises residential properties, commercial properties and mixed developments.

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