Topmix Bhd (XKLS:0302) ROCE % : 23.21% (As of Sep. 2024)

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What is Topmix 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. Topmix Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 23.21%.

Topmix Bhd ROCE % Historical Data

The historical data trend for Topmix 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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Topmix Bhd ROCE % Chart

Topmix Bhd Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

12.39

18.29

27.48

Topmix Bhd Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			-	32.93	-	19.73	23.21

Topmix Bhd ROCE % Calculation

Topmix 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 )
	=	12.864	/	( ( (52.115 - 9.266)	+	(60.284 - 9.514) )	/ 2 )
	=	12.864	/	( (42.849	+	50.77)	/ 2 )
	=	12.864	/	46.8095
	=	27.48 %

Topmix Bhd's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	20.824	/	( ( (100.24 - 12.217)	+	(105.121 - 13.688) )	/ 2 )
	=	20.824	/	( ( 88.023	+	91.433 )	/ 2 )
	=	20.824	/	89.728
	=	23.21 %

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

Topmix Bhd (XKLS:0302) 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.

Topmix Bhd ROCE % Related Terms

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Topmix Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Topmix Bhd (XKLS:0302) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300

Website

https://www.topmixhpl.com

Topmix Bhd is involved in the marketing and sales of its own brands of surface decorative products. It also undertakes the design of surface decorative products internally as well as in collaboration with third-party decor paper suppliers. The company's surface decorative products mainly comprise HPL products. It also markets and sells compact panels, PVC edging, wall panels, decorative boards, and PVC plywood. Its surface decorative products are used in a variety of commercial and residential interior surface applications, including wall panels, countertops, table tops, furniture as well as fixtures and displays. It also offers consultation and installation works for compact panel products, in selected instances based on the requirements of its customers, comprising interior designers.

Topmix Bhd Headlines

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