MMS Ventures Bhd (XKLS:0113) ROCE % : -9.60% (As of Dec. 2023)

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What is MMS Ventures 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. MMS Ventures Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.60%.

MMS Ventures Bhd ROCE % Historical Data

The historical data trend for MMS Ventures 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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MMS Ventures Bhd ROCE % Chart

MMS Ventures Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.64

2.20

14.33

14.00

-5.98

MMS Ventures Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															3.44	1.83	-3.15	-13.50	-9.60

MMS Ventures Bhd ROCE % Calculation

MMS Ventures 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 )
	=	-4.145	/	( ( (78.075 - 4.882)	+	(69.46 - 4.103) )	/ 2 )
	=	-4.145	/	( (73.193	+	65.357)	/ 2 )
	=	-4.145	/	69.275
	=	-5.98 %

MMS Ventures Bhd'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-6.348	/	( ( (72.97 - 6.118)	+	(69.46 - 4.103) )	/ 2 )
	=	-6.348	/	( ( 66.852	+	65.357 )	/ 2 )
	=	-6.348	/	66.1045
	=	-9.60 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

MMS Ventures Bhd (XKLS:0113) 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.

MMS Ventures Bhd ROCE % Related Terms

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MMS Ventures Bhd (XKLS:0113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MMS Ventures Bhd (XKLS:0113) » Definitions » ROCE %

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Address

Plot 84A, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900

Website

https://www.mmsv.com.my

MMS Ventures Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the company is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. The business activity of the group functions through the Manufacture of automated systems and machinery; and the Development of software segments. Geographically, the business presence of the entity is seen across the regions of Asia, America, Europe, Malaysia, and Australia, of which prime revenue is derived from Malaysia and America.

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