Dancomech Holdings Bhd (XKLS:5276) ROCE % : 11.76% (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Dancomech 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. Dancomech Holdings Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.76%.

Dancomech Holdings Bhd ROCE % Historical Data

The historical data trend for Dancomech 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.

* Premium members only.

Dancomech Holdings Bhd ROCE % Chart

Dancomech Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.75

14.56

15.42

12.97

12.70

Dancomech Holdings Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															13.84	14.15	10.71	13.41	11.76

Dancomech Holdings Bhd ROCE % Calculation

Dancomech 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 )
	=	30.729	/	( ( (290.593 - 54.141)	+	(303.335 - 55.739) )	/ 2 )
	=	30.729	/	( (236.452	+	247.596)	/ 2 )
	=	30.729	/	242.024
	=	12.70 %

Dancomech Holdings Bhd's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	29.6	/	( ( (296.575 - 45.385)	+	(291.76 - 39.382) )	/ 2 )
	=	29.6	/	( ( 251.19	+	252.378 )	/ 2 )
	=	29.6	/	251.784
	=	11.76 %

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

Dancomech Holdings Bhd (XKLS:5276) 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.

Dancomech Holdings Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Dancomech Holdings Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dancomech Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dancomech Holdings Bhd (XKLS:5276) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 19, Jalan Pelukis U1/46, Temasya Industrial Park, Seksyen U1, Shah Alam, SGR, MYS, 40150

Website

https://www.dancomech.com.my

Dancomech Holdings Bhd is a Malaysia based investment holding company principally involved in the business of the Trading and distribution of process control equipment and measurement instruments; Manufacture of pumps; Provision of material handling system solutions; Metal Stamping and manufacturing of tools and dies; E&E engineering which involves Electrical, electronic and instrumentation engineering, contracting, commissioning and servicing. The group supplies the products to customers mainly involved in the palm oil and oleochemicals, oil and gas, and water and wastewater industries. It derives prime revenue from the Trading and distribution of process control equipment and measurement instruments segment.

Dancomech Holdings Bhd Headlines

No Headlines