Homeritz Bhd (XKLS:5160) ROCE % : 15.45% (As of Feb. 2024)

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What is Homeritz 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. Homeritz Bhd's annualized ROCE % for the quarter that ended in Feb. 2024 was 15.45%.

Homeritz Bhd ROCE % Historical Data

The historical data trend for Homeritz 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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Homeritz Bhd ROCE % Chart

Homeritz Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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16.73

16.88

14.34

22.71

12.13

Homeritz 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															10.12	11.20	14.79	16.93	15.45

Homeritz Bhd ROCE % Calculation

Homeritz Bhd's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	33.411	/	( ( (284.256 - 19.263)	+	(304.037 - 17.931) )	/ 2 )
	=	33.411	/	( (264.993	+	286.106)	/ 2 )
	=	33.411	/	275.5495
	=	12.13 %

Homeritz 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 )
	=	45.756	/	( ( (316.9 - 21.782)	+	(327.123 - 30.055) )	/ 2 )
	=	45.756	/	( ( 295.118	+	297.068 )	/ 2 )
	=	45.756	/	296.093
	=	15.45 %

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

Homeritz Bhd (XKLS:5160) 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.

Homeritz Bhd ROCE % Related Terms

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Homeritz Bhd (XKLS:5160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Homeritz Corp Bhd (XKLS:5160) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 8726, PTD 6023, Batu 8, Kawasan Perindustrian Bukit Bakri, Muar, JHR, MYS, 84200

Website

http://www.homeritzcorp.com

Homeritz Corp Bhd an investment holding company, designs, manufactures and sells upholstery furniture products. The company provides upholstery home furniture products consisting of leather and fabric-based sofas, dining chairs, and bed frames; and lifestyle furniture products under the Eritz brand. It is also involved in property investment activities and the design, manufacture, and sale of furniture and furniture parts. The company's majority revenue comes from Asia and the Asia Pacific region (excluding Malaysia).

Homeritz Bhd (XKLS:5160) Headlines

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