MCE Holdings Bhd (XKLS:7004) ROCE % : 18.81% (As of Jan. 2024)

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

What is MCE 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. MCE Holdings Bhd's annualized ROCE % for the quarter that ended in Jan. 2024 was 18.81%.

MCE Holdings Bhd ROCE % Historical Data

The historical data trend for MCE 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.

MCE Holdings Bhd ROCE % Chart

MCE Holdings Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

Get a 7-Day Free Trial

-7.13

-5.68

0.23

9.69

17.42

MCE Holdings Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															21.97	20.90	10.00	20.05	18.81

MCE Holdings Bhd ROCE % Calculation

MCE Holdings Bhd's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	20.981	/	( ( (144.232 - 34.918)	+	(161.349 - 29.763) )	/ 2 )
	=	20.981	/	( (109.314	+	131.586)	/ 2 )
	=	20.981	/	120.45
	=	17.42 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	25.656	/	( ( (169.534 - 35.293)	+	(173.724 - 35.204) )	/ 2 )
	=	25.656	/	( ( 134.241	+	138.52 )	/ 2 )
	=	25.656	/	136.3805
	=	18.81 %

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

MCE Holdings Bhd (XKLS:7004) 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.

MCE Holdings Bhd ROCE % Related Terms

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

MCE Holdings Bhd (XKLS:7004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MCE Holdings Bhd (XKLS:7004) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 and 4, Jalan Waja 7, Kawasan Perindustrian Pandan, Johor Bahru, JHR, MYS, 81100

Website

https://www.multicode.com.my

MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contributes a major part of revenue, and the Healthcare services segment comprises various health care services. The company's product portfolio includes products like anti-theft and keyless entry systems, passive start and entry systems, immobilizer systems, parking sensors systems, microwave motion, ignition key set systems, as well as anti-hijack and related auto parts. Most of its revenue comes from the Malaysian market.

MCE Holdings Bhd (XKLS:7004) Headlines

No Headlines