Pekat Group Bhd (XKLS:0233) ROCE % : 16.26% (As of Mar. 2024)

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What is Pekat 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. Pekat Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.26%.

Pekat Group Bhd ROCE % Historical Data

The historical data trend for Pekat 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.

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Pekat Group Bhd ROCE % Chart

Pekat Group Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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40.68

28.90

18.33

12.64

14.40

Pekat Group Bhd Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial												13.82	15.25	13.16	15.13	16.26

Pekat Group Bhd ROCE % Calculation

Pekat Group 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 )
	=	19.729	/	( ( (189.609 - 55.847)	+	(182.37 - 42.127) )	/ 2 )
	=	19.729	/	( (133.762	+	140.243)	/ 2 )
	=	19.729	/	137.0025
	=	14.40 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	23.056	/	( ( (182.37 - 42.127)	+	(184.572 - 41.163) )	/ 2 )
	=	23.056	/	( ( 140.243	+	143.409 )	/ 2 )
	=	23.056	/	141.826
	=	16.26 %

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

Pekat Group Bhd (XKLS:0233) 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.

Pekat Group Bhd ROCE % Related Terms

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Pekat Group Bhd (XKLS:0233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Pekat Group Bhd (XKLS:0233) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.6, Jalan Teknologi 3/4, No.3A, 5&6, Teknologi Kubik, Taman Sains Selangor 1, kota Damansara, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 47810

Website

https://www.pekat.com.my

Pekat Group Bhd is engaged in investment holding activities. The Group's operating segments are as follows: Segment I : Design, supply and installation of on-grid and off-grid solar photovoltaic systems and power plants which also includes the entire scope of work up to delivering of system or plant to customers and operations. Segment II : Supply and installation of earthing and lightning protection systems for buildings, facilities and structures to protect people, property and equipment. Segment III : Distribution of electrical products and accessories which includes sales and marketing of Pekat own brand and other third party brands electrical products and accessories for earthing and lightning related products.

Pekat Group Bhd (XKLS:0233) Headlines

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