Mag Holdings Bhd (XKLS:0095) ROCE % : 4.88% (As of Dec. 2023)

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What is Mag 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. Mag Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.88%.

Mag Holdings Bhd ROCE % Historical Data

The historical data trend for Mag 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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Mag Holdings Bhd ROCE % Chart

Mag Holdings Bhd Annual Data

Trend

Jan11

Jan12

Jan13

Dec15

Dec16

Dec17

Dec18

Dec19

Jun22

Jun23

ROCE %

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1.72

-1.97

-5.49

4.93

6.38

Mag Holdings Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															5.56	5.55	10.45	3.40	4.88

Mag Holdings Bhd ROCE % Calculation

Mag Holdings Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	59.053	/	( ( (1004.293 - 132.129)	+	(1076.183 - 98.01) )	/ 2 )
	=	59.053	/	( (872.164	+	978.173)	/ 2 )
	=	59.053	/	925.1685
	=	6.38 %

Mag 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 )
	=	48.244	/	( ( (1093.169 - 108.223)	+	(1117.744 - 127.403) )	/ 2 )
	=	48.244	/	( ( 984.946	+	990.341 )	/ 2 )
	=	48.244	/	987.6435
	=	4.88 %

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

Mag Holdings Bhd (XKLS:0095) 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.

Mag Holdings Bhd ROCE % Related Terms

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Mag Holdings Bhd (XKLS:0095) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mag Holdings Bhd (XKLS:0095) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway Kiaramas, B-3-12, Gateway Corporate Suites, No 1, Jalan Desa Kiara, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.magholdings.com.my

Mag Holdings Bhd is engaged in the prawn aquaculture business. Its segment includes Live prawns aquaculture and trading. The company generates revenue through Trading of Prawns. Geographically company operates only through Malaysia.

Mag Holdings Bhd (XKLS:0095) Headlines

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