BV Land Holdings Bhd (XKLS:03042) ROCE % : 1.58% (As of Apr. 2023)

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What is BV Land Holdings 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. BV Land Holdings Bhd's annualized ROCE % for the quarter that ended in Apr. 2023 was 1.58%.

BV Land Holdings Bhd ROCE % Historical Data

The historical data trend for BV Land Holdings 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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BV Land Holdings Bhd ROCE % Chart

BV Land Holdings Bhd Annual Data

Trend

Oct20

Oct21

Oct22

ROCE %

8.05

4.82

30.03

BV Land Holdings Bhd Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
ROCE %	Get a 7-Day Free Trial			11.64	-2.33	12.62	46.14	1.58

BV Land Holdings Bhd ROCE % Calculation

BV Land Holdings Bhd's annualized ROCE % for the fiscal year that ended in Oct. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2022 )		(A: Oct. 2021 )		(A: Oct. 2022 )
	=	7.863	/	( ( (28.808 - 6.111)	+	(36.706 - 7.034) )	/ 2 )
	=	7.863	/	( (22.697	+	29.672)	/ 2 )
	=	7.863	/	26.1845
	=	30.03 %

BV Land Holdings Bhd's ROCE % of for the quarter that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2023 )		(Q: Oct. 2022 )		(Q: Apr. 2023 )
	=	0.482	/	( ( (36.706 - 7.034)	+	(37.061 - 5.62) )	/ 2 )
	=	0.482	/	( ( 29.672	+	31.441 )	/ 2 )
	=	0.482	/	30.5565
	=	1.58 %

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

BV Land Holdings Bhd (XKLS:03042) 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.

BV Land Holdings Bhd ROCE % Related Terms

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BV Land Holdings Bhd (XKLS:03042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » BV Land Holdings Bhd (XKLS:03042) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 3, Lorong Landasan, Off Jalan Bukit Kuda, Selangor Darul Ehsan, Klang, SGR, MYS, 41300

Website

https://www.bvland.com.my

BV Land Holdings Bhd is an investment holding company engaged in the provision of construction services. The company through its subsidiaries operates in two segments namely Property Development and Main Contraactor. It has completed 8 Projects situated primarily in the State of Selangor Darul Ehsan and two Projects on-going in Sepang, Selangor and Gemas.

BV Land Holdings Bhd (XKLS:03042) Headlines

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