GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aco Group Bhd (XKLS:0218) » Definitions » ROCE %

Aco Group Bhd (XKLS:0218) ROCE % : 6.87% (As of Nov. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Aco Group 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. Aco Group Bhd's annualized ROCE % for the quarter that ended in Nov. 2024 was 6.87%.


Aco Group Bhd ROCE % Historical Data

The historical data trend for Aco Group 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.

Aco Group Bhd ROCE % Chart

Aco Group Bhd Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROCE %
Get a 7-Day Free Trial 22.44 9.09 10.95 8.10 5.34

Aco Group Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 6.59 4.51 8.88 4.14 6.87

Aco Group Bhd ROCE % Calculation

Aco Group Bhd's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=5.528/( ( (148.538 - 44.517) + (157.949 - 55.096) )/ 2 )
=5.528/( (104.021+102.853)/ 2 )
=5.528/103.437
=5.34 %

Aco Group Bhd's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=7.208/( ( (160.156 - 55.989) + (163.266 - 57.517) )/ 2 )
=7.208/( ( 104.167 + 105.749 )/ 2 )
=7.208/104.958
=6.87 %

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


Aco Group Bhd  (XKLS:0218) 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.


Aco Group Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Aco Group Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Aco Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Perindustrian Tebrau 4, PLO 264, No. 14, Jalan Firma 3, Johor Darul Takzim, Johor Bahru, SGR, MYS, 81100
Aco Group Bhd is a distributor of electrical products and accessories in Malaysia. The company's products and accessories include cables, wires and accessories, electrical distribution, protection, and control devices, and electrical appliances and accessories. Its other products include water plumbing materials, power tools, and accessories as well as CCTV and alarm systems, solar-related products, and EV charger-related products. The company derives the majority of its revenue from Malaysia.

Aco Group Bhd Headlines

No Headlines