Berjaya Assets Bhd (XKLS:3239) ROCE % : 1.71% (As of Dec. 2023)

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What is Berjaya Assets 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. Berjaya Assets Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.71%.

Berjaya Assets Bhd ROCE % Historical Data

The historical data trend for Berjaya Assets 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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Berjaya Assets Bhd ROCE % Chart

Berjaya Assets Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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1.77

-1.54

-1.61

0.22

1.49

Berjaya Assets 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															2.04	1.80	0.66	2.15	1.71

Berjaya Assets Bhd ROCE % Calculation

Berjaya Assets 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 )
	=	41.838	/	( ( (3105.687 - 280.61)	+	(3145.206 - 356.053) )	/ 2 )
	=	41.838	/	( (2825.077	+	2789.153)	/ 2 )
	=	41.838	/	2807.115
	=	1.49 %

Berjaya Assets 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 )
	=	47.3	/	( ( (3125.453 - 350.932)	+	(3102.575 - 350.064) )	/ 2 )
	=	47.3	/	( ( 2774.521	+	2752.511 )	/ 2 )
	=	47.3	/	2763.516
	=	1.71 %

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

Berjaya Assets Bhd (XKLS:3239) 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.

Berjaya Assets Bhd ROCE % Related Terms

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Berjaya Assets Bhd (XKLS:3239) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Level 12, Berjaya Times Square, No. 1 Jalan Imbi, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.berjaya.com

Berjaya Assets Bhd is an investment holding company. The company's business segments are gaming and related activities, Property development and property investment, and Recreation and others. Group operates various forecast lotteries in Sarawak, as well as provides lottery consultancy and related services. It is also involved in the investment and development of properties; operation of a hotel, theme park, and car park; management of a ferry terminal; and leasing of a theatre, as well as general trading and provision of commission agency services. Business activity of Berjaya is predominantly functioned through Malaysia. The company generates maximum revenue from Property development and property investment segment.

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