Econframe Bhd (XKLS:0227) ROCE % : 12.62% (As of Nov. 2024)

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What is Econframe 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. Econframe Bhd's annualized ROCE % for the quarter that ended in Nov. 2024 was 12.62%.

Econframe Bhd ROCE % Historical Data

The historical data trend for Econframe 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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Econframe Bhd ROCE % Chart

Econframe Bhd Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

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23.78

16.25

24.94

23.34

15.31

Econframe Bhd Quarterly Data
	Aug19	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															27.05	19.56	5.90	8.92	12.62

Econframe Bhd ROCE % Calculation

Econframe Bhd's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	16.337	/	( ( (95.476 - 8.049)	+	(148.145 - 22.115) )	/ 2 )
	=	16.337	/	( (87.427	+	126.03)	/ 2 )
	=	16.337	/	106.7285
	=	15.31 %

Econframe 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 )
	=	15.688	/	( ( (148.145 - 22.115)	+	(153.778 - 31.238) )	/ 2 )
	=	15.688	/	( ( 126.03	+	122.54 )	/ 2 )
	=	15.688	/	124.285
	=	12.62 %

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

Econframe Bhd (XKLS:0227) 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.

Econframe Bhd ROCE % Related Terms

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Econframe Bhd Business Description

Industry

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Address

No. 1, Jalan 27A, Sungai Rasau Industrial Area, Kawasan 16, Kaw. Perindustrian Sungai Rasa, Klang, SGR, MYS, 41300

Website

https://www.econframe.com

Econframe Bhd is involved in the provision of total door system solutions, Electronics and electrical systems and accessories and Solar energy products and system. Business is organized into two operating segments; Manufacturing Segment which consists of manufacturing of doors, door and window frames doors; Trading Segment which consists of Trading of doors and ironmongery, trading and provision of installation services for solar energy products and systems; and Investment holding which consists of Investment holding and providing full corporate and financial support to the Group. Substantial revenue comes from the Manufacturing segment.

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