Apex Equity Holdings Bhd (XKLS:5088) ROCE % : 2.79% (As of Dec. 2023)

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What is Apex Equity Holdings 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. Apex Equity Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.79%.

Apex Equity Holdings Bhd ROCE % Historical Data

The historical data trend for Apex Equity Holdings 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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Apex Equity Holdings Bhd ROCE % Chart

Apex Equity Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.18

7.52

8.31

2.08

3.33

Apex Equity Holdings 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															0.75	3.22	3.18	4.13	2.79

Apex Equity Holdings Bhd ROCE % Calculation

Apex Equity Holdings 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 )
	=	10.858	/	( ( (357.552 - 36.365)	+	(374.012 - 43.901) )	/ 2 )
	=	10.858	/	( (321.187	+	330.111)	/ 2 )
	=	10.858	/	325.649
	=	3.33 %

Apex Equity Holdings 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 )
	=	9.204	/	( ( (360.628 - 31.225)	+	(374.012 - 43.901) )	/ 2 )
	=	9.204	/	( ( 329.403	+	330.111 )	/ 2 )
	=	9.204	/	329.757
	=	2.79 %

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

Apex Equity Holdings Bhd (XKLS:5088) 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.

Apex Equity Holdings Bhd ROCE % Related Terms

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Apex Equity Holdings Bhd (XKLS:5088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Apex Equity Holdings Bhd (XKLS:5088) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Jalan Semenyih, Bukit Mewah, 6th Floor, Menara Apex, Kajang, SGR, MYS, 43000

Website

https://www.apexequity.com.my

Apex Equity Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in the business of investment holding and trading in marketable securities. The Group is organised into four main business segments. Investment holdings and others, Stock and futures broking segment, Property holdings and property development and Money lending. The group generates a majority of its revenue from the Stock and futures broking segment. The company operates geographically in Malaysia.

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