Acme Holdings Bhd (XKLS:7131) ROCE % : 10.18% (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Acme 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. Acme Holdings Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.18%.

Acme Holdings Bhd ROCE % Historical Data

The historical data trend for Acme 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.

Acme Holdings Bhd ROCE % Chart

Acme Holdings Bhd Annual Data

Trend

Jan13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

1.74

-1.25

3.90

-2.58

0.88

Acme Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															1.94	4.30	4.30	7.87	10.18

Acme Holdings Bhd ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	0.95	/	( ( (117.808 - 11.607)	+	(121.339 - 12.017) )	/ 2 )
	=	0.95	/	( (106.201	+	109.322)	/ 2 )
	=	0.95	/	107.7615
	=	0.88 %

Acme Holdings Bhd's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	11.484	/	( ( (131.416 - 20.941)	+	(136.399 - 21.204) )	/ 2 )
	=	11.484	/	( ( 110.475	+	115.195 )	/ 2 )
	=	11.484	/	112.835
	=	10.18 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Acme Holdings Bhd (XKLS:7131) 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.

Acme Holdings Bhd ROCE % Related Terms

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

Acme Holdings Bhd (XKLS:7131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Acme Holdings Bhd (XKLS:7131) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Burma, Kompleks Midlands Park, 488A-16-1 Office Tower, Georgetown, PNG, MYS, 10350

Website

https://www.acmeholdings.com.my

Acme Holdings Bhd is principally involved in property development and manufacturing diverse plasticware products. The reportable segments of the company are the manufacturing segment, which includes manufacturing diverse plasticware products; the property development segment, which includes Housing and property development activities; and Others, which includes Investment holding. The company generates the majority of its revenue from the property development segment. Geographically company derives revenue from Malaysia.

Acme Holdings Bhd (XKLS:7131) Headlines

No Headlines