Meta Bright Group Bhd (XKLS:2097) ROCE % : 6.83% (As of Dec. 2024)

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What is Meta Bright 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. Meta Bright Group Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.83%.

Meta Bright Group Bhd ROCE % Historical Data

The historical data trend for Meta Bright 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.

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Meta Bright Group Bhd ROCE % Chart

Meta Bright Group Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jun22

Jun23

Jun24

ROCE %

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-2.78

-4.17

4.71

5.53

6.09

Meta Bright Group Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															5.64	3.35	12.99	10.05	6.83

Meta Bright Group Bhd ROCE % Calculation

Meta Bright Group Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	19.557	/	( ( (319.403 - 49.467)	+	(505.432 - 132.579) )	/ 2 )
	=	19.557	/	( (269.936	+	372.853)	/ 2 )
	=	19.557	/	321.3945
	=	6.09 %

Meta Bright Group 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 )
	=	25.752	/	( ( (514.197 - 140.622)	+	(527.841 - 146.804) )	/ 2 )
	=	25.752	/	( ( 373.575	+	381.037 )	/ 2 )
	=	25.752	/	377.306
	=	6.83 %

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

Meta Bright Group Bhd (XKLS:2097) 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.

Meta Bright Group Bhd ROCE % Related Terms

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Meta Bright Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Meta Bright Group Bhd (XKLS:2097) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Lingkaran SV, Sunway Velocity, V06-07-03A, Signature 2, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100

Website

https://www.mbgb.my

Meta Bright Group Bhd is a Malaysia-based investment holding company. The business activity of the firm is operated in Investment holding; Leasing and financing; Hospitality; Investment properties; Property development; Building materials and related services; and Energy divisions. It generates maximum revenue from the Building materials and related services segment which is involved in manufacturing and supplying ready-mixed concrete, quarry products, cement, and other building materials. Geographically, the company derives its maximum revenue from Malaysia and the rest from Australia.

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