AGV Group (SGX:1A4) ROCE % : -12.66% (As of Jun. 2021)

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What is AGV Group 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. AGV Group's annualized ROCE % for the quarter that ended in Jun. 2021 was -12.66%.

AGV Group ROCE % Historical Data

The historical data trend for AGV Group'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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AGV Group ROCE % Chart

AGV Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

ROCE %

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8.47

-28.41

-255.56

-173.00

-10.86

AGV Group Quarterly Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Mar21	Jun21
ROCE %	Get a 7-Day Free Trial												-	-	-3.53	-	-12.66

AGV Group ROCE % Calculation

AGV Group's annualized ROCE % for the fiscal year that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2020 )		(A: Sep. 2019 )		(A: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2020 )		(A: Sep. 2019 )		(A: Sep. 2020 )
	=	-1.263	/	( ( (19.025 - 8.351)	+	(19.556 - 6.971) )	/ 2 )
	=	-1.263	/	( (10.674	+	12.585)	/ 2 )
	=	-1.263	/	11.6295
	=	-10.86 %

AGV Group's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	-1.428	/	( ( (20.51 - 8.757)	+	(20.313 - 9.5) )	/ 2 )
	=	-1.428	/	( ( 11.753	+	10.813 )	/ 2 )
	=	-1.428	/	11.283
	=	-12.66 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

AGV Group (SGX:1A4) 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.

AGV Group ROCE % Related Terms

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AGV Group (SGX:1A4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AGV Group Ltd (SGX:1A4) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Benoi Road, Singapore, SGP, 629892

Website

http://www.agvgroup.com.sg

AGV Group Ltd is an investment holding company, which engages in galvanizing business. It offers hot-dip galvanized services to the steel and iron fabrication industries in Singapore. It supports a range of customers in the field of the public sector and transport sectors. The company also engages in consultation and contract works relating to galvanization. The group operates in two geographical areas, being Singapore and Malaysia. Majority of the firm's revenue gets derived from Singapore.

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