Kluang Rubber Co Malaya Bhd (XKLS:2453) ROCE % : 6.10% (As of Dec. 2023)

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What is Kluang Rubber Co Malaya 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. Kluang Rubber Co Malaya Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.10%.

Kluang Rubber Co Malaya Bhd ROCE % Historical Data

The historical data trend for Kluang Rubber Co Malaya 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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Kluang Rubber Co Malaya Bhd ROCE % Chart

Kluang Rubber Co Malaya Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-0.10

-0.52

5.18

-0.47

3.38

Kluang Rubber Co Malaya Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															5.17	2.65	8.99	1.54	6.10

Kluang Rubber Co Malaya Bhd ROCE % Calculation

Kluang Rubber Co Malaya Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	43.089	/	( ( (1246.514 - 7.945)	+	(1315.399 - 7.719) )	/ 2 )
	=	43.089	/	( (1238.569	+	1307.68)	/ 2 )
	=	43.089	/	1273.1245
	=	3.38 %

Kluang Rubber Co Malaya Bhd's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	80.564	/	( ( (1324.251 - 7.796)	+	(1340.582 - 15.042) )	/ 2 )
	=	80.564	/	( ( 1316.455	+	1325.54 )	/ 2 )
	=	80.564	/	1320.9975
	=	6.10 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Kluang Rubber Co Malaya Bhd (XKLS:2453) 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.

Kluang Rubber Co Malaya Bhd ROCE % Related Terms

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Kluang Rubber Co Malaya Bhd (XKLS:2453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kluang Rubber Co Malaya Bhd (XKLS:2453) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 2 Jalan Mengkibol, Kluang Estate, P.O. Box 64, Kluang, JHR, MYS, 86007

Website

http://www.kluangrubber.com

Kluang Rubber Co Malaya Bhd is an investment holding company. It has two reportable segments: Plantation and Investments. Its Plantation segment is engaged in the cultivation of oil palm. The Investments segment is engaged in the long-term portfolio investment in securities, deposits with banks, and investment properties. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority of its revenue from Malaysia.

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