Reclaims Global (SGX:NEX) ROCE % : 4.23% (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Reclaims Global 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. Reclaims Global's annualized ROCE % for the quarter that ended in Jan. 2024 was 4.23%.

Reclaims Global ROCE % Historical Data

The historical data trend for Reclaims Global'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.

* Premium members only.

Reclaims Global ROCE % Chart

Reclaims Global Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

Get a 7-Day Free Trial

9.80

10.60

22.77

8.28

5.01

Reclaims Global Semi-Annual Data
	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
ROCE %	Get a 7-Day Free Trial											16.23	7.87	8.48	5.69	4.23

Reclaims Global ROCE % Calculation

Reclaims Global's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	1.532	/	( ( (35.726 - 4.972)	+	(34.781 - 4.374) )	/ 2 )
	=	1.532	/	( (30.754	+	30.407)	/ 2 )
	=	1.532	/	30.5805
	=	5.01 %

Reclaims Global's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	1.302	/	( ( (35.751 - 4.595)	+	(34.781 - 4.374) )	/ 2 )
	=	1.302	/	( ( 31.156	+	30.407 )	/ 2 )
	=	1.302	/	30.7815
	=	4.23 %

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

Reclaims Global (SGX:NEX) 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.

Reclaims Global ROCE % Related Terms

Thank you for viewing the detailed overview of Reclaims Global's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Reclaims Global (SGX:NEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Reclaims Global Ltd (SGX:NEX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Tuas South Street 7, Singapore, SGP, 637114

Website

https://www.reclaims.sg

Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction and demolition waste, customisation of excavation solutions, and operating fleet management. Its operating business segments are recycling, excavation services, and logistics and leasing. The company derives maximum revenue from the logistics and leasing segment. Its excavation services segment performs land clearing, excavation, and removal of construction and demolition waste. The Excavation services consist of demolition works, site clearance, reshaping, backfilling, and compacting and turfing.