Negri Sembilan Oil Palms Bhd (XKLS:2038) ROCE % : 5.35% (As of Sep. 2024)

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What is Negri Sembilan Oil Palms 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. Negri Sembilan Oil Palms Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.35%.

Negri Sembilan Oil Palms Bhd ROCE % Historical Data

The historical data trend for Negri Sembilan Oil Palms 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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Negri Sembilan Oil Palms Bhd ROCE % Chart

Negri Sembilan Oil Palms Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.83

0.31

4.25

4.39

1.38

Negri Sembilan Oil Palms Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															3.15	0.92	1.40	5.45	5.35

Negri Sembilan Oil Palms Bhd ROCE % Calculation

Negri Sembilan Oil Palms Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	10.898	/	( ( (788.555 - 12.702)	+	(817.86 - 12.11) )	/ 2 )
	=	10.898	/	( (775.853	+	805.75)	/ 2 )
	=	10.898	/	790.8015
	=	1.38 %

Negri Sembilan Oil Palms 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 )
	=	44.58	/	( ( (840.512 - 9.436)	+	(845.151 - 11.057) )	/ 2 )
	=	44.58	/	( ( 831.076	+	834.094 )	/ 2 )
	=	44.58	/	832.585
	=	5.35 %

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

Negri Sembilan Oil Palms Bhd (XKLS:2038) 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.

Negri Sembilan Oil Palms Bhd ROCE % Related Terms

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Negri Sembilan Oil Palms Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Negri Sembilan Oil Palms Bhd (XKLS:2038) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Jalan Stesen Sentral 5, Suite 2B-3A-2, Block 2B Level 3A, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.nsop.com.my

Negri Sembilan Oil Palms Bhd is an investment holding company, which engages in the cultivation of oil palms in Malaysia. The firm is also involved in the cultivation of oil palms, and the production and sale of fresh fruit bunches, crude palm oil, and palm kernel. The single reportable segment of the Group relates to the cultivation of oil palms, production and sale of FFB, CPO and PK and are wholly carried out in Peninsular Malaysia.

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