Ajiya Bhd (XKLS:7609) ROCE % : 10.00% (As of Nov. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Ajiya 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. Ajiya Bhd's annualized ROCE % for the quarter that ended in Nov. 2024 was 10.00%.

Ajiya Bhd ROCE % Historical Data

The historical data trend for Ajiya 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.

Ajiya Bhd ROCE % Chart

Ajiya Bhd Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

Get a 7-Day Free Trial

1.44

-0.15

5.98

8.48

12.50

Ajiya Bhd Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
ROCE %	Get a 7-Day Free Trial															-8.75	-7.96	12.35	11.07	10.00

Ajiya Bhd ROCE % Calculation

Ajiya Bhd's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	59.031	/	( ( (490.309 - 52.991)	+	(569.43 - 62.625) )	/ 2 )
	=	59.031	/	( (437.318	+	506.805)	/ 2 )
	=	59.031	/	472.0615
	=	12.50 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	67.424	/	( ( (720.64 - 53.846)	+	(734.684 - 53.322) )	/ 2 )
	=	67.424	/	( ( 666.794	+	681.362 )	/ 2 )
	=	67.424	/	674.078
	=	10.00 %

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

Ajiya Bhd (XKLS:7609) 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.

Ajiya Bhd ROCE % Related Terms

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

Ajiya Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ajiya Bhd (XKLS:7609) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Genuang, Lot 153, Kawasan Perindustrian, Batu 3, Segamat, JHR, MYS, 85000

Website

https://www.ajiya.com

Ajiya Bhd is a investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Roll-forming which comprises manufacturing of metal roofing system, metal frame products, tile effect products, architectural products, light-weight channel products; and Safety Glass category which comprises of tempered, heat strengthened, decorative, laminated, insulated and other safety glass product. While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.

Ajiya Bhd Headlines

No Headlines