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CPE Technology Bhd (XKLS:5317) ROCE % : 18.07% (As of Jun. 2023)


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What is CPE Technology 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. CPE Technology Bhd's annualized ROCE % for the quarter that ended in Jun. 2023 was 18.07%.

CPE Technology Bhd ROCE % Historical Data

The historical data trend for CPE Technology 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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CPE Technology Bhd ROCE % Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
15.95 13.03 28.15 43.73 18.07

CPE Technology Bhd Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
ROCE % 15.95 13.03 28.15 43.73 18.07

CPE Technology Bhd ROCE % Calculation

CPE Technology Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=40.691/( ( (161.366 - 30.417) + (348.753 - 29.454) )/ 2 )
=40.691/( (130.949+319.299)/ 2 )
=40.691/225.124
=18.07 %

CPE Technology Bhd's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=40.691/( ( (161.366 - 30.417) + (348.753 - 29.454) )/ 2 )
=40.691/( ( 130.949 + 319.299 )/ 2 )
=40.691/225.124
=18.07 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2023) EBIT data.

* 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.

CPE Technology Bhd  (XKLS:5317) 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.

CPE Technology Bhd ROCE % Related Terms

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CPE Technology Bhd (XKLS:5317) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPE Technology Bhd (XKLS:5317) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Website
https://www.cpetbhd.com
CPE Technology Bhd is an engineering support services provider principally involved in the manufacturing of precision-machined parts and components and the provision of CNC machining services. The precision-machined parts and components are then used by its customers in different industries which include, but not limited to, semiconductors, life science and medical devices, sports equipment, sensor equipment and security industries in Malaysia and overseas. The company utilizes CNC machining as its primary process such as milling, turning and lathing before going through associated secondary processes which include, but not limited to, polishing, grinding and sandblasting to produce precision-machined parts and components from metal rods and blocks.

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