Leform Bhd (XKLS:0266) ROCE % : 1.54% (As of Dec. 2023)

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What is Leform 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. Leform Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.54%.

Leform Bhd ROCE % Historical Data

The historical data trend for Leform 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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Leform Bhd ROCE % Chart

Leform Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

6.94

12.76

36.84

0.62

0.31

Leform Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-3.24	2.36	4.95	-5.75	1.54

Leform Bhd ROCE % Calculation

Leform 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 )
	=	4.367	/	( ( (1997.179 - 482.58)	+	(1766.342 - 449.648) )	/ 2 )
	=	4.367	/	( (1514.599	+	1316.694)	/ 2 )
	=	4.367	/	1415.6465
	=	0.31 %

Leform 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 )
	=	17.12	/	( ( (1287.582 - 383.874)	+	(1766.342 - 449.648) )	/ 2 )
	=	17.12	/	( ( 903.708	+	1316.694 )	/ 2 )
	=	17.12	/	1110.201
	=	1.54 %

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

Leform Bhd (XKLS:0266) 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.

Leform Bhd ROCE % Related Terms

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Leform Bhd (XKLS:0266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leform Bhd (XKLS:0266) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200

Website

https://www.leformgroup.com.my

Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries including furniture, construction as well as industrial product manufacturing industries (which includes automotive parts and telecommunication tower pole part manufacturing).

Leform Bhd (XKLS:0266) Headlines

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