VSTECS Bhd (XKLS:5162) ROCE % : 17.07% (As of Jun. 2024)

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What is VSTECS 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. VSTECS Bhd's annualized ROCE % for the quarter that ended in Jun. 2024 was 17.07%.

VSTECS Bhd ROCE % Historical Data

The historical data trend for VSTECS 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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VSTECS Bhd ROCE % Chart

VSTECS Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.37

15.05

20.86

20.43

19.29

VSTECS Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															19.58	16.40	22.27	16.32	17.07

VSTECS Bhd ROCE % Calculation

VSTECS 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 )
	=	84.065	/	( ( (713.992 - 302.568)	+	(822.535 - 362.149) )	/ 2 )
	=	84.065	/	( (411.424	+	460.386)	/ 2 )
	=	84.065	/	435.905
	=	19.29 %

VSTECS Bhd's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	80.968	/	( ( (726.728 - 252.386)	+	(747.8 - 273.378) )	/ 2 )
	=	80.968	/	( ( 474.342	+	474.422 )	/ 2 )
	=	80.968	/	474.382
	=	17.07 %

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

VSTECS Bhd (XKLS:5162) 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.

VSTECS Bhd ROCE % Related Terms

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VSTECS Bhd Business Description

Industry

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N/A

Address

Lot 3, Jalan Teknologi 3/5, Taman Sains Selangor, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.vstecs.com.my

VSTECS Bhd is engaged in the provision of e-commerce systems and solutions. The company distributes information and communications technology (ICT) products in Malaysia. These products consist of notebooks, personal computers, smartphones, tablets, wearables, printers, software, network and communication infrastructure, servers, and enterprise software. It operates in three segments. ICT distribution segment distributes products to resellers, comprising mainly of retailers, Its Enterprise systems segment markets products to system integrators and corporate dealers. The ICT services segment is involved in the provision of ICT services.

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