GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Unitrade Industries Bhd (XKLS:0247) » Definitions » ROCE %

Unitrade Industries Bhd (XKLS:0247) ROCE % : 8.50% (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Unitrade Industries 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. Unitrade Industries Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.50%.


Unitrade Industries Bhd ROCE % Historical Data

The historical data trend for Unitrade Industries 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.

Unitrade Industries Bhd ROCE % Chart

Unitrade Industries Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial 18.18 16.99 21.10 9.77 10.75

Unitrade Industries Bhd Quarterly Data
Mar19 Mar20 Mar21 Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.75 5.71 4.41 -1.55 8.50

Unitrade Industries Bhd ROCE % Calculation

Unitrade Industries Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=51.456/( ( (918.832 - 467.695) + (1126.936 - 620.388) )/ 2 )
=51.456/( (451.137+506.548)/ 2 )
=51.456/478.8425
=10.75 %

Unitrade Industries 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 )
=43.448/( ( (1124.101 - 615.616) + (1117.412 - 604.137) )/ 2 )
=43.448/( ( 508.485 + 513.275 )/ 2 )
=43.448/510.88
=8.50 %

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


Unitrade Industries Bhd  (XKLS:0247) 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.


Unitrade Industries Bhd ROCE % Related Terms

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


Unitrade Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
2, Jalan Astaka U8/87, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Unitrade Industries Bhd is a supplier and distributor of construction materials including pipe fittings and valves. The segments of the company are the Wholesale and distribution of building materials for mechanical and engineering (M&E) works comprising pipes, valves, fittings, and accessories, and civil works comprising reinforcement steel, structural steel, and other building material; Manufacturing and sale of pre-insulated pipes; Rental of temporary structural support equipment and Others. The company earns the maximum of its revenue from the Wholesale and distribution segment. The Group operates in Malaysia.

Unitrade Industries Bhd Headlines

No Headlines