Country View Bhd (XKLS:5049) ROCE % : 4.76% (As of Feb. 2024)

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What is Country View 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. Country View Bhd's annualized ROCE % for the quarter that ended in Feb. 2024 was 4.76%.

Country View Bhd ROCE % Historical Data

The historical data trend for Country View 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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Country View Bhd ROCE % Chart

Country View Bhd Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

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6.22

3.77

2.09

1.32

3.25

Country View Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															2.39	2.90	3.19	4.47	4.76

Country View Bhd ROCE % Calculation

Country View Bhd's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	18.317	/	( ( (677.286 - 92.541)	+	(692.862 - 149.177) )	/ 2 )
	=	18.317	/	( (584.745	+	543.685)	/ 2 )
	=	18.317	/	564.215
	=	3.25 %

Country View Bhd's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	25.512	/	( ( (692.862 - 149.177)	+	(679.239 - 150.837) )	/ 2 )
	=	25.512	/	( ( 543.685	+	528.402 )	/ 2 )
	=	25.512	/	536.0435
	=	4.76 %

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

Country View Bhd (XKLS:5049) 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.

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Country View Bhd (XKLS:5049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country View Bhd (XKLS:5049) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 12, Jalan Ngee Heng, Mail Box 261, Menara Landmark, Unit 26-01, Level 26, Johor Bahru, JHR, MYS, 80000

Website

https://www.countryview.com.my

Country View Bhd is a company that operates in the real estate sector. The business activity of the group is operated in two segments: through property development and investment holding segments. The Property development segment develops residential and commercial properties, whereas the investment holding segment invests in subsidiaries and associates which are long-term in nature. The project portfolio of the group includes projects such as Taman Universiti, Taman Nusa Indah, Taman Nusa Bestari Jaya, and Resident at Peak. Geographically all the activities are performed through the region of Malaysia.

Country View Bhd (XKLS:5049) Headlines

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