Malaysia Airports Holdings Bhd (Malaysia Airports Holdings Bhd) ROCE % : 9.83% (As of Dec. 2023)

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What is Malaysia Airports Holdings Bhd 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. Malaysia Airports Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.83%.

Malaysia Airports Holdings Bhd ROCE % Historical Data

The historical data trend for Malaysia Airports Holdings Bhd'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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Malaysia Airports Holdings Bhd ROCE % Chart

Malaysia Airports Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.13

-6.15

-2.30

2.75

6.99

Malaysia Airports Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															3.94	5.09	7.40	6.28	9.83

Malaysia Airports Holdings Bhd ROCE % Calculation

Malaysia Airports Holdings Bhd'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 )
	=	255.749	/	( ( (4410.93 - 648.007)	+	(4391.368 - 839.942) )	/ 2 )
	=	255.749	/	( (3762.923	+	3551.426)	/ 2 )
	=	255.749	/	3657.1745
	=	6.99 %

Malaysia Airports Holdings Bhd's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	349.208	/	( ( (4216.207 - 659.54)	+	(4391.368 - 839.942) )	/ 2 )
	=	349.208	/	( ( 3556.667	+	3551.426 )	/ 2 )
	=	349.208	/	3554.0465
	=	9.83 %

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

Malaysia Airports Holdings Bhd (GREY:MYPRY) 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.

Malaysia Airports Holdings Bhd ROCE % Related Terms

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Malaysia Airports Holdings Bhd (Malaysia Airports Holdings Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Malaysia Airports Holdings Bhd (GREY:MYPRY) » Definitions » ROCE %

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Traded in Other Exchanges

5014:Malaysia

Address

Malaysia Airports Corporate Office, Persiaran Korporat KLIA, Sepang, SGR, MYS, 64000 KLIA

Website

https://www.malaysiaairports.com.my

Malaysia Airports Holdings Bhd operates and manages airports mainly in Southeast Asia. Its airports can serve international, domestic, and regional flights. It has two operating segments: Malaysia operations and Overseas operations. Malaysia's operations segment includes Duty-free and non-dutiable goods; Airport services; Agriculture and horticulture; Hotel and Project and repair maintenance. The overseas operations segment includes Airport services and Project and repair maintenance. The company generates maximum revenue from Airport services in the Malaysia operations segment.

Malaysia Airports Holdings Bhd (Malaysia Airports Holdings Bhd) Headlines

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