Mynews Holdings Bhd (XKLS:5275) ROCE % : 9.33% (As of Jan. 2025)

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What is Mynews 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. Mynews Holdings Bhd's annualized ROCE % for the quarter that ended in Jan. 2025 was 9.33%.

Mynews Holdings Bhd ROCE % Historical Data

The historical data trend for Mynews 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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Mynews Holdings Bhd ROCE % Chart

Mynews Holdings Bhd Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

ROCE %

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-2.32

-12.32

-3.19

0.97

6.55

Mynews Holdings Bhd Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
ROCE %	Get a 7-Day Free Trial															5.79	6.01	7.11	7.40	9.33

Mynews Holdings Bhd ROCE % Calculation

Mynews Holdings Bhd's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	27.04	/	( ( (633.905 - 215.061)	+	(641.504 - 235.15) )	/ 2 )
	=	27.04	/	( (418.844	+	406.354)	/ 2 )
	=	27.04	/	412.599
	=	6.55 %

Mynews Holdings Bhd's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	38.12	/	( ( (641.504 - 235.15)	+	(638.021 - 227.029) )	/ 2 )
	=	38.12	/	( ( 406.354	+	410.992 )	/ 2 )
	=	38.12	/	408.673
	=	9.33 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2025) EBIT data.

Mynews Holdings Bhd (XKLS:5275) 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.

Mynews Holdings Bhd ROCE % Related Terms

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Mynews Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mynews Holdings Bhd (XKLS:5275) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot No. 3, Jalan Teknologi 3/1, Seksyen 3 PJU 5 Kota Damansara, Taman Sains Selangor 1, Petaling Jaya, SGR, MYS, 47810

Website

https://www.mynews.com.my

Mynews Holdings Bhd is an investment holding company. Along with its subsidiaries, the company operated in the following business segments; Retail convenience, and Manufacturing. A majority of its revenue is generated from the Retail convenience segment which operates retail convenience stores selling retail convenience goods and services. The Manufacturing segment is engaged in producing bakery products and ready-to-eat meals.

Mynews Holdings Bhd Headlines

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