TAFI Industries Bhd (XKLS:7211) ROCE % : 46.97% (As of Dec. 2024)

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What is TAFI 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. TAFI Industries Bhd's annualized ROCE % for the quarter that ended in Dec. 2024 was 46.97%.

TAFI Industries Bhd ROCE % Historical Data

The historical data trend for TAFI 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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TAFI Industries Bhd ROCE % Chart

TAFI Industries Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-25.45

11.76

15.73

2.06

23.30

TAFI Industries Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															4.43	2.02	24.02	13.62	46.97

TAFI Industries Bhd ROCE % Calculation

TAFI Industries Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	21.475	/	( ( (192.312 - 107.646)	+	(247.993 - 148.292) )	/ 2 )
	=	21.475	/	( (84.666	+	99.701)	/ 2 )
	=	21.475	/	92.1835
	=	23.30 %

TAFI Industries Bhd's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	47.364	/	( ( (224.236 - 122.277)	+	(247.993 - 148.292) )	/ 2 )
	=	47.364	/	( ( 101.959	+	99.701 )	/ 2 )
	=	47.364	/	100.83
	=	46.97 %

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

TAFI Industries Bhd (XKLS:7211) 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.

TAFI Industries Bhd ROCE % Related Terms

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TAFI Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TAFI Industries Bhd (XKLS:7211) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 3, Kawasan Perindustrian Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300

Website

https://www.welcome.tafi.com.my

TAFI Industries Bhd is a Malaysia-based company involved in the manufacturing, exporting, and trading of furniture products for local and overseas markets and property development. The reportable segments of the group are Furniture products, Construction, and Property development. It derives a majority of its revenue from the Construction segment. It has a business presence in Malaysia and other countries.

TAFI Industries Bhd Headlines

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