MISC Bhd (XKLS:3816) ROCE % : 4.03% (As of Sep. 2024)

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What is MISC 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. MISC Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.03%.

MISC Bhd ROCE % Historical Data

The historical data trend for MISC 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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MISC Bhd ROCE % Chart

MISC Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.52

0.49

4.74

4.94

5.02

MISC 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															4.47	5.66	6.67	5.41	4.03

MISC Bhd ROCE % Calculation

MISC 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 )
	=	2787.041	/	( ( (62664.241 - 8767.181)	+	(65060.067 - 7943.567) )	/ 2 )
	=	2787.041	/	( (53897.06	+	57116.5)	/ 2 )
	=	2787.041	/	55506.78
	=	5.02 %

MISC 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 )
	=	2119.6	/	( ( (66370.1 - 9905.6)	+	(58145.5 - 9433.5) )	/ 2 )
	=	2119.6	/	( ( 56464.5	+	48712 )	/ 2 )
	=	2119.6	/	52588.25
	=	4.03 %

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

MISC Bhd (XKLS:3816) 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.

MISC Bhd ROCE % Related Terms

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MISC Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MISC Bhd (XKLS:3816) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jalan Sultan Hishamuddin, Level 25, Menara Dayabumi, Kuala Lumpur, SGR, MYS, 50050

Website

https://www.misc.com.my

MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.

MISC Bhd Headlines

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