Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) ROCE % : 3.09% (As of Dec. 2024)

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What is Malaysia Steel Works (KL) Bhd Shs 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. Malaysia Steel Works (KL) Bhd Shs's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.09%.

Malaysia Steel Works (KL) Bhd Shs ROCE % Historical Data

The historical data trend for Malaysia Steel Works (KL) Bhd Shs'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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Malaysia Steel Works (KL) Bhd Shs ROCE % Chart

Malaysia Steel Works (KL) Bhd Shs Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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0.71

6.49

4.97

3.62

6.13

Malaysia Steel Works (KL) Bhd Shs Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															3.07	6.18	6.51	10.30	3.09

Malaysia Steel Works (KL) Bhd Shs ROCE % Calculation

Malaysia Steel Works (KL) Bhd Shs's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	61.441	/	( ( (1963.333 - 1020.428)	+	(2278.617 - 1217.194) )	/ 2 )
	=	61.441	/	( (942.905	+	1061.423)	/ 2 )
	=	61.441	/	1002.164
	=	6.13 %

Malaysia Steel Works (KL) Bhd Shs's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	30.868	/	( ( (2089.608 - 1152.523)	+	(2278.617 - 1217.194) )	/ 2 )
	=	30.868	/	( ( 937.085	+	1061.423 )	/ 2 )
	=	30.868	/	999.254
	=	3.09 %

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

Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) 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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Malaysia Steel Works (KL) Bhd Shs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Wisma Masteel, Lot 29C, Off Jalan Tandang, Section 51, Petaling Jaya, SGR, MYS, 46050

Website

https://www.masteel.com.my

Malaysia Steel Works (KL) Bhd Shs engages in the manufacturing of steel bars and steel billets. The company is organized in one business segment which is the Manufacturing of steel bars and billets. Geographically, the group has a business presence in Malaysia and Outside Malaysia, of which prime revenue is derived from Malaysia.

Malaysia Steel Works (KL) Bhd Shs Headlines

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