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SMTrack Bhd (XKLS:0169) ROCE % : -1.89% (As of Dec. 2023)


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What is SMTrack 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. SMTrack Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.89%.


SMTrack Bhd ROCE % Historical Data

The historical data trend for SMTrack 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.

* Premium members only.

SMTrack Bhd ROCE % Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul16 Jul17 Jul18 Jul19
ROCE %
Get a 7-Day Free Trial Premium Member Only -67.59 - -61.46 -36.59 -14.64

SMTrack Bhd Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.63 - 6.22 2.75 -1.89

SMTrack Bhd ROCE % Calculation

SMTrack Bhd's annualized ROCE % for the fiscal year that ended in Jul. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2019 )  (A: Jul. 2018 )(A: Jul. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2019 )  (A: Jul. 2018 )(A: Jul. 2019 )
=-1.774/( ( (14.451 - 1.756) + (14.302 - 2.766) )/ 2 )
=-1.774/( (12.695+11.536)/ 2 )
=-1.774/12.1155
=-14.64 %

SMTrack 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 )
=-1.684/( ( (112.692 - 23.177) + (116.323 - 27.599) )/ 2 )
=-1.684/( ( 89.515 + 88.724 )/ 2 )
=-1.684/89.1195
=-1.89 %

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

* 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.


SMTrack Bhd  (XKLS:0169) 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.


SMTrack Bhd ROCE % Related Terms

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SMTrack Bhd (XKLS:0169) Business Description

Traded in Other Exchanges
N/A
Address
Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

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