Tigne Mall (MAL:TML) ROCE % : 5.72% (As of Jun. 2024)

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What is Tigne Mall 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. Tigne Mall's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.72%.

Tigne Mall ROCE % Historical Data

The historical data trend for Tigne Mall'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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Tigne Mall ROCE % Chart

Tigne Mall Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.76

3.74

5.19

6.20

6.38

Tigne Mall Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															5.56	6.81	6.08	6.62	5.72

Tigne Mall ROCE % Calculation

Tigne Mall's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	5.376	/	( ( (91.559 - 7.602)	+	(91.997 - 7.336) )	/ 2 )
	=	5.376	/	( (83.957	+	84.661)	/ 2 )
	=	5.376	/	84.309
	=	6.38 %

Tigne Mall's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	4.864	/	( ( (91.997 - 7.336)	+	(91.94 - 6.391) )	/ 2 )
	=	4.864	/	( ( 84.661	+	85.549 )	/ 2 )
	=	4.864	/	85.105
	=	5.72 %

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

Tigne Mall (MAL:TML) 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.

Tigne Mall ROCE % Related Terms

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Tigne Mall Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tigne Mall PLC (MAL:TML) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Point Shopping Mall, Tigne Point, Management Suite, Sliema, MLT, TP01

Website

https://www.thepointmalta.com

Tigne Mall PLC is engaged in the ownership and management of a shopping mall for leasing retail space along with its car parking. The company's revenue is derived from operating lease rental income attributable to retail outlets in 'The Point Shopping Mall' together with the provision of related services.

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