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Padiberas Nasional Bhd (XKLS:6866) ROCE % : 9.66% (As of Sep. 2013)


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What is Padiberas Nasional 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. Padiberas Nasional Bhd's annualized ROCE % for the quarter that ended in Sep. 2013 was 9.66%.


Padiberas Nasional Bhd ROCE % Historical Data

The historical data trend for Padiberas Nasional 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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Padiberas Nasional Bhd ROCE % Chart

Padiberas Nasional Bhd Annual Data
Trend Dec10 Dec11 Dec12
ROCE %
- 14.31 9.73

Padiberas Nasional Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
ROCE % Get a 7-Day Free Trial 4.93 10.27 11.59 9.85 9.66

Padiberas Nasional Bhd ROCE % Calculation

Padiberas Nasional Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=202.87/( ( (2865.296 - 780.249) + (2946.001 - 862.413) )/ 2 )
=202.87/( (2085.047+2083.588)/ 2 )
=202.87/2084.3175
=9.73 %

Padiberas Nasional Bhd's ROCE % of for the quarter that ended in Sep. 2013 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2013 )  (Q: Jun. 2013 )(Q: Sep. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2013 )  (Q: Jun. 2013 )(Q: Sep. 2013 )
=207.348/( ( (2985.994 - 848.102) + (3164.041 - 1007.478) )/ 2 )
=207.348/( ( 2137.892 + 2156.563 )/ 2 )
=207.348/2147.2275
=9.66 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2013) 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.


Padiberas Nasional Bhd  (XKLS:6866) 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.


Padiberas Nasional Bhd ROCE % Related Terms

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Padiberas Nasional Bhd (XKLS:6866) Business Description

Traded in Other Exchanges
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Address
Padiberas Nasional Bhd is engaged in procuring, collecting, processing, importing, exporting, purchasing, storing, packaging & distribution of rice, paddy & other grains. It involves activities like seed production, R & D of paddy seeds etc.

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