JAG Bhd (XKLS:0024) ROCE % : 0.97% (As of Dec. 2023)

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What is JAG 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. JAG Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.97%.

JAG Bhd ROCE % Historical Data

The historical data trend for JAG 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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JAG Bhd ROCE % Chart

JAG Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.55

7.07

12.19

6.25

2.43

JAG 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															4.27	2.69	4.00	1.58	0.97

JAG Bhd ROCE % Calculation

JAG 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 )
	=	5.964	/	( ( (260.89 - 26.052)	+	(306.581 - 50.732) )	/ 2 )
	=	5.964	/	( (234.838	+	255.849)	/ 2 )
	=	5.964	/	245.3435
	=	2.43 %

JAG 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 )
	=	2.496	/	( ( (297.468 - 39.502)	+	(306.581 - 50.732) )	/ 2 )
	=	2.496	/	( ( 257.966	+	255.849 )	/ 2 )
	=	2.496	/	256.9075
	=	0.97 %

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

JAG Bhd (XKLS:0024) 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.

JAG Bhd ROCE % Related Terms

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JAG Bhd (XKLS:0024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » JAG Bhd (XKLS:0024) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

72A, Jalan Universiti, D65-3A, Block D, Jaya One, Petaling Jaya, SGR, MYS, 46200

Website

https://www.jagb.com.my

JAG Bhd is an investment holding company with six reportable segments: Manufacturing; Trading; Lifestyle and Services; Proprietary Solutions and Software Maintenance; Investment; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes trading of ferrous and non-ferrous metals. Services include operating a coin-operated laundry business. Proprietary solutions include computer software development, maintenance, and support services. Property development includes buy, sell, and rent self-owned or leased real estate land, property development, and project management.

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