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Kamdar Group (M) Bhd (XKLS:8672) ROC % : -4.49% (As of Sep. 2024)


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What is Kamdar Group (M) 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 %. Kamdar Group (M) Bhd's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was -4.49%.

As of today (2024-12-14), Kamdar Group (M) Bhd's WACC % is 7.90%. Kamdar Group (M) Bhd's ROC % is -3.45% (calculated using TTM income statement data). Kamdar Group (M) Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Kamdar Group (M) Bhd ROC % Historical Data

The historical data trend for Kamdar Group (M) 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.

* Premium members only.

Kamdar Group (M) Bhd ROC % Chart

Kamdar Group (M) Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Jun22 Jun23 Jun24
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.02 -0.44 -1.03 -3.42

Kamdar Group (M) Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC % 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 -4.42 -2.53 -1.41 -5.38 -4.49

Kamdar Group (M) Bhd ROC % Calculation

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

ROC % (A: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2023 ) + Invested Capital (A: Jun. 2024 ))/ count )
=-8.326 * ( 1 - -8.39% )/( (268.904 + 258.607)/ 2 )
=-9.0245514/263.7555
=-3.42 %

where

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

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-10.828 * ( 1 - -5.92% )/( (258.607 + 252.202)/ 2 )
=-11.4690176/255.4045
=-4.49 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) 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.


Kamdar Group (M) Bhd  (XKLS:8672) 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, Kamdar Group (M) Bhd's WACC % is 7.90%. Kamdar Group (M) Bhd's ROC % is -3.45% (calculated using TTM income statement data). Kamdar Group (M) 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.


Kamdar Group (M) Bhd ROC % Related Terms

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Kamdar Group (M) Bhd Business Description

Traded in Other Exchanges
N/A
Address
113, Jalan Tuanku Abdul Rahman, Kuala Lumpur, SGR, MYS, 50100
Kamdar Group (M) Bhd is a supplier and retailer of fashion fabrics, home textiles, apparel, and garments. It is organized into two business units, Textile, and Investment and Management segment. The Textile segment is engaged in retailing textile and textile-based products within the retailing industry. The Investment and Management segment is engaged in investment holding and providing management services. The company's activities are conducted principally in Malaysia. It derives a majority of its revenue from the Textile segment.

Kamdar Group (M) Bhd Headlines

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