Crest Group Bhd (XKLS:0323) ROC % : 31.40% (As of Dec. 2024)

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What is Crest Group 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 %. Crest Group Bhd's annualized return on capital (ROC %) for the quarter that ended in Dec. 2024 was 31.40%.

As of today (2025-04-02), Crest Group Bhd's WACC % is 10.15%. Crest Group Bhd's ROC % is 33.62% (calculated using TTM income statement data). Crest Group Bhd generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.

Crest Group Bhd ROC % Historical Data

The historical data trend for Crest Group 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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Crest Group Bhd ROC % Chart

Crest Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROC %

44.23

69.19

74.39

67.83

33.62

Crest Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
ROC %	-	-	-	67.83	31.40

Crest Group Bhd ROC % Calculation

Crest Group Bhd's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

	ROC % (A: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2023 )	+	Invested Capital (A: Dec. 2024 ))	/ count )
=	14.571 * ( 1 - 24.55% )	/	( (30.393	+	35.008)	/ 2 )
=	10.9938195	/	32.7005
=	33.62 %

where

	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	))
=	115.31	-	36.799	-	( 48.118	-	max(0, 52.53	-	109.023	+	48.118	))
=	30.393

	Invested Capital		(A: Dec. 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	))
=	157.591	-	43.926	-	( 78.657	-	max(0, 46.09	-	150.418	+	78.657	))
=	35.008

Crest Group Bhd's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	14.571 * ( 1 - 24.55% )	/	( (30.393	+	35.008)	/ 2 )
=	10.9938195	/	32.7005
=	33.62 %

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	))
=	115.31	-	36.799	-	( 48.118	-	max(0, 52.53	-	109.023	+	48.118	))
=	30.393

	Invested Capital		(Q: Dec. 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	))
=	157.591	-	43.926	-	( 78.657	-	max(0, 46.09	-	150.418	+	78.657	))
=	35.008

Note: The Operating Income data used here is one times the annual (Dec. 2024) data.

Crest Group Bhd (XKLS:0323) 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, Crest Group Bhd's WACC % is 10.15%. Crest Group Bhd's ROC % is 33.62% (calculated using TTM income statement data). Crest Group Bhd generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.

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.

Crest Group Bhd ROC % Related Terms

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Crest Group Bhd Business Description

Industry

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Traded in Other Exchanges

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Address

No.1 Jalan OP 1/2, One Puchong Business Park, Puchong, SGR, MYS, 47160

Website

https://www.crest-group.net

Crest Group Bhd is investment holding which operates through its subsidiaries. It is involved in the provision of imaging, analytical and test solutions used for quality inspection, sample analysis and research & development. The company provide solutions to industries including semiconductor, E&E, academic, automotive, oil and gas, aviation, life sciences and healthcare. It has two business segments (i) Provision of imaging, analytical and test solutions; and (ii) Provision of after-sales services. Key revenue is generated from Provision of imaging, analytical and test solutions which includes Offers pre-sales consulting, sale and customisation of equipment, installation and commissioning and user-training.

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