Mestron Holdings Bhd (XKLS:0207) ROCE % : 5.85% (As of Dec. 2024)

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What is Mestron 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. Mestron Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.85%.

Mestron Holdings Bhd ROCE % Historical Data

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

Mestron Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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12.44

5.41

11.18

7.36

10.91

Mestron Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															9.51	8.74	8.11	9.07	5.85

Mestron Holdings Bhd ROCE % Calculation

Mestron Holdings Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	17.43	/	( ( (200.485 - 42.97)	+	(217.005 - 54.971) )	/ 2 )
	=	17.43	/	( (157.515	+	162.034)	/ 2 )
	=	17.43	/	159.7745
	=	10.91 %

Mestron Holdings Bhd's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	9.496	/	( ( (189.173 - 26.73)	+	(217.005 - 54.971) )	/ 2 )
	=	9.496	/	( ( 162.443	+	162.034 )	/ 2 )
	=	9.496	/	162.2385
	=	5.85 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Mestron Holdings Bhd (XKLS:0207) 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.

Mestron Holdings Bhd ROCE % Related Terms

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Mestron Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mestron Holdings Bhd (XKLS:0207) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

PT 50102, Jalan MU 1/9 Seksyen 10, Taman Perindustrian Meranti Utama, Puchong, SGR, MYS, 47120

Website

https://www.mestron.com.my

Mestron Holdings Bhd specializes in steel poles, providing a range of products like Standard and Decorative Street Light Poles, Telecommunication Monopoles, High Mast Poles, Camera Poles, Traffic Poles, and specialized options for Oil & Gas and Mining industries. The company operates in two segments: Manufacturing focused on producing various steel poles, and Trading, which deals in outdoor lighting products, renewable energy, and property development. The Manufacturing segment drives the majority of the company's revenue, highlighting its core expertise in pole manufacturing.

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