GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lagenda Properties Bhd (XKLS:7179) » Definitions » ROCE %

Lagenda Properties Bhd (XKLS:7179) ROCE % : 18.06% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Lagenda Properties 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. Lagenda Properties Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.06%.


Lagenda Properties Bhd ROCE % Historical Data

The historical data trend for Lagenda Properties 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.

Lagenda Properties Bhd ROCE % Chart

Lagenda Properties Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.43 35.81 31.21 23.64 18.94

Lagenda Properties Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.91 17.12 20.95 18.60 18.06

Lagenda Properties Bhd ROCE % Calculation

Lagenda Properties Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=230.855/( ( (1776.53 - 566.177) + (2243.468 - 1016.243) )/ 2 )
=230.855/( (1210.353+1227.225)/ 2 )
=230.855/1218.789
=18.94 %

Lagenda Properties Bhd's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=255.716/( ( (2243.468 - 1016.243) + (2338.559 - 733.163) )/ 2 )
=255.716/( ( 1227.225 + 1605.396 )/ 2 )
=255.716/1416.3105
=18.06 %

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


Lagenda Properties Bhd  (XKLS:7179) 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.


Lagenda Properties Bhd ROCE % Related Terms

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


Lagenda Properties Bhd (XKLS:7179) Business Description

Traded in Other Exchanges
N/A
Address
Pusat Bandar Seri Manjung Seksyen 2, Level 4, No. 131, Persiaran PM2/1, Seri Manjung, PRK, MYS, 32040
Lagenda Properties Bhd is engaged in the construction business. The company constructs residential properties with facilities like swimming pool, garden area, golf course, fitness area, and jogging tracks. The operating segments of the company include Property Development, Construction and Trading. The company derives key revenue from the Property development segment which involves property development activities and the sale of completed units. The group operates in Malaysia.

Lagenda Properties Bhd (XKLS:7179) Headlines

No Headlines