Nestcon Bhd (XKLS:0235) ROCE % : 12.46% (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nestcon 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. Nestcon Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 12.46%.

Nestcon Bhd ROCE % Historical Data

The historical data trend for Nestcon 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.

Nestcon Bhd ROCE % Chart

Nestcon Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

23.43

14.78

-7.19

10.74

13.49

Nestcon Bhd Quarterly Data
	Dec18	Dec19	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															10.74	13.08	15.78	12.11	12.46

Nestcon Bhd ROCE % Calculation

Nestcon 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 )
	=	24.926	/	( ( (705.994 - 529.782)	+	(764.19 - 570.823) )	/ 2 )
	=	24.926	/	( (176.212	+	193.367)	/ 2 )
	=	24.926	/	184.7895
	=	13.49 %

Nestcon 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 )
	=	23.872	/	( ( (746.09 - 556.267)	+	(764.19 - 570.823) )	/ 2 )
	=	23.872	/	( ( 189.823	+	193.367 )	/ 2 )
	=	23.872	/	191.595
	=	12.46 %

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

Nestcon Bhd (XKLS:0235) 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.

Nestcon Bhd ROCE % Related Terms

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

Nestcon Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nestcon Bhd (XKLS:0235) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10, Jalan Kenari 13B, Bandar Puchong Jaya, Puchong, SGR, MYS, 47170

Website

https://www.nestcon.my

Nestcon Bhd is principally involved in the provision of construction services throughout Malaysia. Together with its subsidiaries, it operates in three reportable segments civil engineering and infrastructure works and building construction works, and Renewable energy. Construction services for buildings are categorized under the real estate construction market while construction services for civil engineering and infrastructure works are categorized under the civil engineering and specialized trade works market. Renewable Energy focuses on solar photovoltaic rooftop systems for residential, commercial, and industrial as well as the construction of large-scale solar PVThe majority of its revenue comes from Building services.

Nestcon Bhd Headlines

No Headlines