Binastra Bhd (XKLS:7195) ROCE % : 55.38% (As of Oct. 2024)

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What is Binastra 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. Binastra Bhd's annualized ROCE % for the quarter that ended in Oct. 2024 was 55.38%.

Binastra Bhd ROCE % Historical Data

The historical data trend for Binastra 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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Binastra Bhd ROCE % Chart

Binastra Bhd Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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300.02

-98.51

372.02

104.23

88.03

Binastra Bhd Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															98.51	108.83	105.06	75.57	55.38

Binastra Bhd ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	55.467	/	( ( (137.632 - 94.932)	+	(295.908 - 212.59) )	/ 2 )
	=	55.467	/	( (42.7	+	83.318)	/ 2 )
	=	55.467	/	63.009
	=	88.03 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	133.472	/	( ( (539.757 - 312.227)	+	(614.635 - 360.12) )	/ 2 )
	=	133.472	/	( ( 227.53	+	254.515 )	/ 2 )
	=	133.472	/	241.0225
	=	55.38 %

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

Binastra Bhd (XKLS:7195) 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.

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Binastra Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Binastra Corp Bhd (XKLS:7195) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1 and 3, Jalan Jalil Jaya 3, Jalil Link, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.binastracorp.com.my

Binastra Corp Bhd is an Investment Holding Company whereas its subsidiary is principally engaged in carrying on business as a general contractor and property developer. Its projects include Residential Housing, High-End Condominium, and Commercial & Retail Shop Lots.

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