MLACW (Malacca Straits Acquisition Co) ROCE %: -74.59% (As of Mar. 2023)


MLACW Malacca Straits Acquisition Co Ltd MLACW
24 GF Score
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! 4 Warning Signs
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What is Malacca Straits Acquisition Co ROCE %?

Malacca Straits Acquisition Co MLACW 24 ROCE % is -74.59% as of Mar. 2023. GuruFocus rates MLACW with a GF Score™ of 24/100. The stock has 4 warning signs investors should review.

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. Malacca Straits Acquisition Co's annualized ROCE % for the quarter that ended in Mar. 2023 was -74.59%.

Malacca Straits Acquisition Co  (NAS:MLACW) 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.

Malacca Straits Acquisition Co ROCE % Related Terms

Malacca Straits Acquisition Co ROCE % Historical Data

* Premium members only.

The historical data trend for Malacca Straits Acquisition Co'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.

Malacca Straits Acquisition Co ROCE % Chart

Malacca Straits Acquisition Co Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
-0.22 -1.51 -7.32

Malacca Straits Acquisition Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.63 -2.02 -4.61 -13.68 -74.59
MLACW
24GF Score
Malacca Straits Acquisition Co Ltd MLACW
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Malacca Straits Acquisition Co ROCE % Calculation

Malacca Straits Acquisition Co'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 )
=-1.759/( ( (143.962 - 97.523) + (5.512 - 3.911) )/ 2 )
=-1.759/( (46.439+1.601)/ 2 )
=-1.759/24.02
=-7.32 %

Malacca Straits Acquisition Co's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-1.092/( ( (5.512 - 3.911) + (5.629 - 4.302) )/ 2 )
=-1.092/( ( 1.601 + 1.327 )/ 2 )
=-1.092/1.464
=-74.59 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -74.59% mean?
Malacca Straits Acquisition Co (MLACW) has a ROCE % of -74.59% as of Mar. 2023.
Is Malacca Straits Acquisition Co's ROCE % too high?
Malacca Straits Acquisition Co's current ROCE % is -74.59%. Overall, Malacca Straits Acquisition Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Malacca Straits Acquisition Co's ROCE % compare to RAM and CLOE?
Malacca Straits Acquisition Co's ROCE % of -74.59% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Malacca Straits Acquisition Co's current ROCE % is -74.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malacca Straits Acquisition Co stock overvalued right now?
Malacca Straits Acquisition Co (MLACW) has a current ROCE % of -74.59%. The current ROCE % is -74.59%. Malacca Straits Acquisition Co's overall GF Score™ is 24/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Malacca Straits Acquisition Co (MLACW), the current ROCE % is -74.59% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Malacca Straits Acquisition Co Business Description

Address 2 Ice House Street, Saint George’s Building, Unit 601-2, Central, Hong Kong, HKG
Malacca Straits Acquisition Co Ltd is a blank check company.
24GF Score

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