Lysaght Galvanized Steel Bhd (XKLS:9199) ROCE % : 13.08% (As of Sep. 2024)

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What is Lysaght Galvanized Steel 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. Lysaght Galvanized Steel Bhd's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.08%.

Lysaght Galvanized Steel Bhd ROCE % Historical Data

The historical data trend for Lysaght Galvanized Steel 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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Lysaght Galvanized Steel Bhd ROCE % Chart

Lysaght Galvanized Steel Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.73

2.49

2.59

5.63

7.90

Lysaght Galvanized Steel Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															8.75	9.15	10.27	7.47	13.08

Lysaght Galvanized Steel Bhd ROCE % Calculation

Lysaght Galvanized Steel 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 )
	=	13.82	/	( ( (174.885 - 6.156)	+	(187.329 - 6.211) )	/ 2 )
	=	13.82	/	( (168.729	+	181.118)	/ 2 )
	=	13.82	/	174.9235
	=	7.90 %

Lysaght Galvanized Steel Bhd's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	24.248	/	( ( (194.554 - 7.198)	+	(191.809 - 8.466) )	/ 2 )
	=	24.248	/	( ( 187.356	+	183.343 )	/ 2 )
	=	24.248	/	185.3495
	=	13.08 %

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

Lysaght Galvanized Steel Bhd (XKLS:9199) 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.

Lysaght Galvanized Steel Bhd ROCE % Related Terms

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Lysaght Galvanized Steel Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lysaght Galvanized Steel Bhd (XKLS:9199) » Definitions » ROCE %

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Address

No. 11 Jalan Majistret U1/26, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.lysaghtgalvanizedsteelbhd.com

Lysaght Galvanized Steel Bhd is engaged in the manufacturing of galvanized steel products. It is also involved in the trade of galvanized masts, poles, galvanized lighting columns and high masts, gantries, transmission and telecommunication towers, power poles and general lattice structures, and other related products. It operates through following geographical segments namely Malaysia, Singapore, New Zealand, United Arab Emirates, and Others. The group's revenue mainly consists of sales of galvanized steel products.

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