Astino Bhd (XKLS:7162) ROCE % : 8.33% (As of Jul. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Astino 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. Astino Bhd's annualized ROCE % for the quarter that ended in Jul. 2024 was 8.33%.

Astino Bhd ROCE % Historical Data

The historical data trend for Astino 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.

Astino Bhd ROCE % Chart

Astino Bhd Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

Get a 7-Day Free Trial

7.61

18.30

12.93

7.27

8.88

Astino Bhd Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															5.49	8.59	11.44	7.28	8.33

Astino Bhd ROCE % Calculation

Astino Bhd's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	49.627	/	( ( (582.974 - 41.367)	+	(622.988 - 46.258) )	/ 2 )
	=	49.627	/	( (541.607	+	576.73)	/ 2 )
	=	49.627	/	559.1685
	=	8.88 %

Astino Bhd's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	47.388	/	( ( (595.04 - 33.416)	+	(622.988 - 46.258) )	/ 2 )
	=	47.388	/	( ( 561.624	+	576.73 )	/ 2 )
	=	47.388	/	569.177
	=	8.33 %

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

Astino Bhd (XKLS:7162) 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.

Astino Bhd ROCE % Related Terms

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

Astino Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Astino Bhd (XKLS:7162) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mukim 11, Jalan Changkat, Lot 1499 (Lot Baru 10030) & 1500, Seberang Perai Selatan, Nibong Teba, PNG, MYS, 14300

Website

https://www.astino.com.my

Astino Bhd is an investment holding company. It is engaged in the manufacturing and trading of metal building materials and other steel products. Its main product is metal roofing, c-purlin, small c-purlin, truss and batten, piping, scaffolding, slitting and leveling coil, etc. The group operates principally in Malaysia and generates revenue from Malaysia, Indonesia, Philippines, and Others.

Astino Bhd Headlines

No Headlines