Techbond Group Bhd (XKLS:5289) ROCE % : 5.61% (As of Sep. 2024)

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What is Techbond Group 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. Techbond Group Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.61%.

Techbond Group Bhd ROCE % Historical Data

The historical data trend for Techbond Group 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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Techbond Group Bhd ROCE % Chart

Techbond Group Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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9.11

10.51

8.34

7.21

10.19

Techbond Group 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															8.14	11.55	10.15	12.00	5.61

Techbond Group Bhd ROCE % Calculation

Techbond Group Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	21.012	/	( ( (219.597 - 15.415)	+	(231.461 - 23.349) )	/ 2 )
	=	21.012	/	( (204.182	+	208.112)	/ 2 )
	=	21.012	/	206.147
	=	10.19 %

Techbond Group 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 )
	=	12.168	/	( ( (231.461 - 23.349)	+	(240.742 - 15.082) )	/ 2 )
	=	12.168	/	( ( 208.112	+	225.66 )	/ 2 )
	=	12.168	/	216.886
	=	5.61 %

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

Techbond Group Bhd (XKLS:5289) 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.

Techbond Group Bhd ROCE % Related Terms

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Techbond Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Techbond Group Bhd (XKLS:5289) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36, Jalan Anggerik Mokara 31/59, Seksyen 31, Kota Kemuning, Selangor, Shah Alam, SGR, MYS, 40460

Website

https://www.techbond.com.my

Techbond Group Bhd is an investment holding company and is engaged in the provision of management services to its subsidiaries. Its segment involved in Industrial Adhesives & Sealants, Supporting products and services, and Chemical. A substantial part of the revenue is generated from Industrial adhesives and sealants segment. The company operates in various geographical locations namely Malaysia, Vietnam, Thailand, Indonesia, China and others with majority of the revenue being generated from its operations in Vietnam.

Techbond Group Bhd Headlines

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