Magni-Tech Industries Bhd (XKLS:7087) ROCE % : 23.07% (As of Jan. 2025)

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What is Magni-Tech Industries 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. Magni-Tech Industries Bhd's annualized ROCE % for the quarter that ended in Jan. 2025 was 23.07%.

Magni-Tech Industries Bhd ROCE % Historical Data

The historical data trend for Magni-Tech Industries 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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Magni-Tech Industries Bhd ROCE % Chart

Magni-Tech Industries Bhd Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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27.47

25.26

16.01

13.30

16.37

Magni-Tech Industries Bhd Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
ROCE %	Get a 7-Day Free Trial															23.66	7.98	25.56	15.17	23.07

Magni-Tech Industries Bhd ROCE % Calculation

Magni-Tech Industries Bhd's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	140.896	/	( ( (881.815 - 62.783)	+	(1055.146 - 152.7) )	/ 2 )
	=	140.896	/	( (819.032	+	902.446)	/ 2 )
	=	140.896	/	860.739
	=	16.37 %

Magni-Tech Industries Bhd's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	209.432	/	( ( (1033.816 - 96.113)	+	(979.275 - 101.632) )	/ 2 )
	=	209.432	/	( ( 937.703	+	877.643 )	/ 2 )
	=	209.432	/	907.673
	=	23.07 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2025) EBIT data.

Magni-Tech Industries Bhd (XKLS:7087) 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.

Magni-Tech Industries Bhd ROCE % Related Terms

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Magni-Tech Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Magni-Tech Industries Bhd (XKLS:7087) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

488-A, Jalan Burmah, Level 18, Penas Tower, Midlands Park Centre, George Town, PNG, MYS, 10350

Website

https://www.magni-tech.com.my

Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in the manufacturing and sales of garments. The company is organized into two business segments namely Garments, and Packaging segment. The company derives maximum revenue from the Garment segment. The Group engages in the manufacturing and sale of garments, flexible plastic packaging, and corrugated cartons.

Magni-Tech Industries Bhd Headlines

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