MYMBN Bhd (XKLS:0280) ROCE % : 7.50% (As of Dec. 2023)

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What is MYMBN 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. MYMBN Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.50%.

MYMBN Bhd ROCE % Historical Data

The historical data trend for MYMBN 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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MYMBN Bhd ROCE % Chart

MYMBN Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

18.45

120.50

94.54

40.75

7.50

MYMBN Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	18.45	120.50	94.54	40.75	7.50

MYMBN Bhd ROCE % Calculation

MYMBN 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 )
	=	2.104	/	( ( (21.224 - 4.027)	+	(45.412 - 6.53) )	/ 2 )
	=	2.104	/	( (17.197	+	38.882)	/ 2 )
	=	2.104	/	28.0395
	=	7.50 %

MYMBN 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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	2.104	/	( ( (21.224 - 4.027)	+	(45.412 - 6.53) )	/ 2 )
	=	2.104	/	( ( 17.197	+	38.882 )	/ 2 )
	=	2.104	/	28.0395
	=	7.50 %

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

MYMBN Bhd (XKLS:0280) 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.

MYMBN Bhd ROCE % Related Terms

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MYMBN Bhd (XKLS:0280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MYMBN Bhd (XKLS:0280) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Melaka Raya 26, Nos. 17, 19, 21, 23 and 25, Taman Melaka Raya, Melaka, MYS, 75000

Website

https://www.mymbn.com.my

MYMBN Bhd is an investment holding company of MBN Enterprise and MBN International. Through its Subsidiaries, it is principally engaged in the processing and sale of EBN, specifically the RUCEBN. EBNs are processed nests of swiftlets, which are made from strands of swiftlets' saliva.

MYMBN Bhd (XKLS:0280) Headlines

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