AGX Group Bhd (XKLS:0299) ROCE % : 38.49% (As of Dec. 2022)

View and export this data going back to 2024. Start your Free Trial

What is AGX 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. AGX Group Bhd's annualized ROCE % for the quarter that ended in Dec. 2022 was 38.49%.

AGX Group Bhd ROCE % Historical Data

The historical data trend for AGX 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.

AGX Group Bhd ROCE % Chart

AGX Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

28.81

32.16

38.49

AGX Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22
ROCE %	28.81	32.16	38.49

AGX Group Bhd ROCE % Calculation

AGX Group Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	18.052	/	( ( (90.594 - 45.57)	+	(86.83 - 38.06) )	/ 2 )
	=	18.052	/	( (45.024	+	48.77)	/ 2 )
	=	18.052	/	46.897
	=	38.49 %

AGX Group Bhd's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	18.052	/	( ( (90.594 - 45.57)	+	(86.83 - 38.06) )	/ 2 )
	=	18.052	/	( ( 45.024	+	48.77 )	/ 2 )
	=	18.052	/	46.897
	=	38.49 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

AGX Group Bhd (XKLS:0299) 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.

AGX Group Bhd ROCE % Related Terms

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

AGX Group Bhd (XKLS:0299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610

Website

https://www.agxlogistics.com

AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

No Headlines