Perak Transit Bhd (XKLS:0186) ROCE % : 7.48% (As of Dec. 2023)

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What is Perak Transit 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. Perak Transit Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.48%.

Perak Transit Bhd ROCE % Historical Data

The historical data trend for Perak Transit 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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Perak Transit Bhd ROCE % Chart

Perak Transit Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.52

9.53

10.54

11.16

9.05

Perak Transit 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															10.42	9.44	8.00	8.20	7.48

Perak Transit Bhd ROCE % Calculation

Perak Transit 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 )
	=	94.619	/	( ( (990.594 - 78.55)	+	(1265.749 - 86.308) )	/ 2 )
	=	94.619	/	( (912.044	+	1179.441)	/ 2 )
	=	94.619	/	1045.7425
	=	9.05 %

Perak Transit 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 )
	=	88.44	/	( ( (1273.907 - 89.103)	+	(1265.749 - 86.308) )	/ 2 )
	=	88.44	/	( ( 1184.804	+	1179.441 )	/ 2 )
	=	88.44	/	1182.1225
	=	7.48 %

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

Perak Transit Bhd (XKLS:0186) 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.

Perak Transit Bhd ROCE % Related Terms

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Perak Transit Bhd (XKLS:0186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Perak Transit Bhd (XKLS:0186) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Idris Shah, E-6-2A, SOHO Ipoh 2, Ipoh, PRK, MYS, 30000

Website

https://www.peraktransit.com.my

Perak Transit Bhd provides public bus services. The company's operating segment includes the operation of IPTT (Integrated public transportation terminal); operation of buses; operation of petrol station; operation of mining management and others. It generates maximum revenue from the operation of the IPTT segment. The Integrated public transportation terminal operations segment is engaged in the rental of A&P spaces, shops and kiosks, project facilitation, and others such as profit sharing from terminal management, car park fee, and taxi entrance fee in Terminal Meru Raya and Kampar Putra Sentral.

Perak Transit Bhd (XKLS:0186) Headlines

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