Muhibbah Engineering (M) Bhd (XKLS:5703) ROCE % : 17.87% (As of Dec. 2024)

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What is Muhibbah Engineering (M) 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. Muhibbah Engineering (M) Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.87%.

Muhibbah Engineering (M) Bhd ROCE % Historical Data

The historical data trend for Muhibbah Engineering (M) 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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Muhibbah Engineering (M) Bhd ROCE % Chart

Muhibbah Engineering (M) Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-1.79

1.89

2.27

4.63

9.12

Muhibbah Engineering (M) Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															3.54	6.84	10.07	2.16	17.87

Muhibbah Engineering (M) Bhd ROCE % Calculation

Muhibbah Engineering (M) Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	198.35	/	( ( (3464.552 - 1385.857)	+	(3607.591 - 1338.023) )	/ 2 )
	=	198.35	/	( (2078.695	+	2269.568)	/ 2 )
	=	198.35	/	2174.1315
	=	9.12 %

Muhibbah Engineering (M) Bhd's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	387.372	/	( ( (3528.843 - 1463.691)	+	(3607.591 - 1338.023) )	/ 2 )
	=	387.372	/	( ( 2065.152	+	2269.568 )	/ 2 )
	=	387.372	/	2167.36
	=	17.87 %

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

Muhibbah Engineering (M) Bhd (XKLS:5703) 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.

Muhibbah Engineering (M) Bhd ROCE % Related Terms

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Muhibbah Engineering (M) Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Muhibbah Engineering (M) Bhd (XKLS:5703) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Batu Tiga Lama, Lot 579 & 586, 2nd Mile, Klang, MYS, 41300

Website

http://www.muhibbah.com

Muhibbah Engineering (M) Bhd is engaged in providing oil and gas, marine, infrastructure, civil, and structural engineering contract works. In addition to these, it also manufactures engineering products and distributes and markets construction materials. The segments in which the Group operates include Infrastructure Construction, Cranes, Marine shipbuilding and ship repair, and Concession. The business activity of the company functions in Asia, Europe, America, the Middle East, and Australia.

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