Alcom Group Bhd (XKLS:2674) ROCE % : -688.70% (As of Dec. 2023)

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What is Alcom Group 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. Alcom Group Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -688.70%.

Alcom Group Bhd ROCE % Historical Data

The historical data trend for Alcom Group 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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Alcom Group Bhd ROCE % Chart

Alcom Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.58

2.24

18.66

39.51

11.50

Alcom Group 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															-902.80	14.15	7.75	210.13	-688.70

Alcom Group Bhd ROCE % Calculation

Alcom Group 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 )
	=	31.911	/	( ( (500.629 - 225.731)	+	(470.046 - 190.095) )	/ 2 )
	=	31.911	/	( (274.898	+	279.951)	/ 2 )
	=	31.911	/	277.4245
	=	11.50 %

Alcom Group 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 )
	=	-1936.148	/	( ( (485.529 - 203.222)	+	(470.046 - 190.095) )	/ 2 )
	=	-1936.148	/	( ( 282.307	+	279.951 )	/ 2 )
	=	-1936.148	/	281.129
	=	-688.70 %

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

Alcom Group Bhd (XKLS:2674) 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.

Alcom Group Bhd ROCE % Related Terms

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Alcom Group Bhd (XKLS:2674) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcom Group Bhd (XKLS:2674) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 3, Persiaran Waja, Bukit Raja Industrial Estate, Klang, MYS, 41050

Website

https://www.alcom.com.my

Alcom Group Bhd along with its subsidiaries, the company has four operating segments: Manufacturing; Property development; Construction; and Investment holding. It derives a majority of revenue from the Manufacturing segment which involves the manufacturing and trading of aluminum products such as Specialty products, Roofing products, and Foil products. Geographically, the group has a business presence in Malaysia, Thailand, India, the Middle East and other countries, of which key revenue is generated from Malaysia.

Alcom Group Bhd (XKLS:2674) Headlines

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