Vetece Holdings Bhd (XKLS:0319) ROCE % : 7.45% (As of Aug. 2024)

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What is Vetece Holdings 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. Vetece Holdings Bhd's annualized ROCE % for the quarter that ended in Aug. 2024 was 7.45%.

Vetece Holdings Bhd ROCE % Historical Data

The historical data trend for Vetece Holdings 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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Vetece Holdings Bhd ROCE % Chart

Vetece Holdings Bhd Annual Data

Trend

Aug21

Aug22

Aug23

Aug24

ROCE %

15.73

27.64

51.14

7.45

Vetece Holdings Bhd Semi-Annual Data
	Aug21	Aug22	Aug23	Aug24
ROCE %	15.73	27.64	51.14	7.45

Vetece Holdings Bhd ROCE % Calculation

Vetece Holdings Bhd's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	2.413	/	( ( (24.844 - 4.032)	+	(45.273 - 1.344) )	/ 2 )
	=	2.413	/	( (20.812	+	43.929)	/ 2 )
	=	2.413	/	32.3705
	=	7.45 %

Vetece Holdings Bhd's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: Aug. 2023 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: Aug. 2023 )		(Q: Aug. 2024 )
	=	2.413	/	( ( (24.844 - 4.032)	+	(45.273 - 1.344) )	/ 2 )
	=	2.413	/	( ( 20.812	+	43.929 )	/ 2 )
	=	2.413	/	32.3705
	=	7.45 %

(1) Note: The EBIT data used here is one times the annual (Aug. 2024) EBIT data.

Vetece Holdings Bhd (XKLS:0319) 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.

Vetece Holdings Bhd ROCE % Related Terms

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Vetece Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vetece Holdings Bhd (XKLS:0319) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Kerinchi, E-32-3A and E-32-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.vtcholding.com

Vetece Holdings Bhd is an investment holding company. Through its subsidiaries, it is principally an enterprise IT solutions provider, providing implementation services, maintenance, support and professional services as well as resale of hardware and software. The company assists its clients in the implementation process involving design, installation, customization and configuration, data integration, testing and deployment of the enterprise IT solutions to ensure that it seamlessly integrates with clients' systems. Post-implementation process, It will continue to provide ongoing support through maintenance, support and professional services which include maintenance and upgrades of the systems, as well as providing training to clients' employees.

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