New Wave Holdings (SGX:5FX) ROCE % : -18.13% (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is New Wave Holdings 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. New Wave Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -18.13%.

New Wave Holdings ROCE % Historical Data

The historical data trend for New Wave Holdings'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.

New Wave Holdings ROCE % Chart

New Wave Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-5.73

-10.27

-2.19

10.50

0.07

New Wave Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															7.07	14.12	5.18	-5.40	-18.13

New Wave Holdings ROCE % Calculation

New Wave Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	0.014	/	( ( (32.375 - 10.515)	+	(28.919 - 9.819) )	/ 2 )
	=	0.014	/	( (21.86	+	19.1)	/ 2 )
	=	0.014	/	20.48
	=	0.07 %

New Wave Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-3.25	/	( ( (28.919 - 9.819)	+	(25.398 - 8.639) )	/ 2 )
	=	-3.25	/	( ( 19.1	+	16.759 )	/ 2 )
	=	-3.25	/	17.9295
	=	-18.13 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

New Wave Holdings (SGX:5FX) 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.

New Wave Holdings ROCE % Related Terms

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

New Wave Holdings (SGX:5FX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Wave Holdings Ltd (SGX:5FX) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

101 Kitchener Road No. 02-17, Jalan Besar Plaza, Singapore, SGP, 208511

Website

http://www.newwave.com.sg

New Wave Holdings Ltd is an investment holding company. The company's operating segment includes Components distribution and Aluminium products distribution. It generates maximum revenue from the Aluminium products distribution segment. Geographically, the company has a presence in Malaysia, Singapore, the People's Republic of China, and others.

New Wave Holdings (SGX:5FX) Headlines

No Headlines