Mewah International (SGX:MV4) ROCE % : 12.19% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Mewah International 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. Mewah International's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.19%.

Mewah International ROCE % Historical Data

The historical data trend for Mewah International'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.

Mewah International ROCE % Chart

Mewah International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.09

19.11

16.31

18.74

8.86

Mewah International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															22.34	5.30	32.40	5.79	12.19

Mewah International ROCE % Calculation

Mewah International'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 )
	=	109.85	/	( ( (2292.666 - 1055.097)	+	(1984.287 - 743.189) )	/ 2 )
	=	109.85	/	( (1237.569	+	1241.098)	/ 2 )
	=	109.85	/	1239.3335
	=	8.86 %

Mewah International's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	149.552	/	( ( (1954.487 - 742.902)	+	(1984.287 - 743.189) )	/ 2 )
	=	149.552	/	( ( 1211.585	+	1241.098 )	/ 2 )
	=	149.552	/	1226.3415
	=	12.19 %

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

Mewah International (SGX:MV4) 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.

Mewah International ROCE % Related Terms

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

Mewah International (SGX:MV4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mewah International Inc (SGX:MV4) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 International Business Park, No. 05-00, Mewah Building, Singapore, SGP, 609914

Website

https://www.mewahgroup.com

Mewah International Inc is an investment holding company. It operates in two segments: The Bulk segment, which generates the majority of the revenue, and the Consumer pack. The Bulk segment manufactures and sells edible oils and specialty fats & oils. The consumer pack segment manufactures and sells edible oils and bakery fats, and rice to consumers in packaged form. Its geographical segments are Malaysia, Singapore, the Rest of Asia, Africa, the Middle East, Europe, Pacific Oceania, and America, Out of which the majority is from Malaysia.

Mewah International (SGX:MV4) Headlines

No Headlines