Fima Bhd (XKLS:3107) ROCE % : 4.35% (As of Dec. 2023)

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What is Fima 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. Fima Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.35%.

Fima Bhd ROCE % Historical Data

The historical data trend for Fima 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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Fima Bhd ROCE % Chart

Fima Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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13.18

3.06

6.64

14.99

7.68

Fima 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															10.96	4.19	3.63	5.46	4.35

Fima Bhd ROCE % Calculation

Fima Bhd's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	52.594	/	( ( (731.563 - 47.712)	+	(718.529 - 32.144) )	/ 2 )
	=	52.594	/	( (683.851	+	686.385)	/ 2 )
	=	52.594	/	685.118
	=	7.68 %

Fima 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 )
	=	29.204	/	( ( (705.129 - 26.341)	+	(693.99 - 28.602) )	/ 2 )
	=	29.204	/	( ( 678.788	+	665.388 )	/ 2 )
	=	29.204	/	672.088
	=	4.35 %

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

Fima Bhd (XKLS:3107) 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.

Fima Bhd ROCE % Related Terms

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Fima Bhd (XKLS:3107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Fima Corp Bhd (XKLS:3107) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

No. 45, Jalan Medan Setia 1, Suite 4.1, Level 4, Block C, Plaza Damansara, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490

Website

http://www.fimacorp.com

Fima Corp Bhd is a Malaysia-based investment holding company. It operates through three business segments namely Production and Trading, Plantation, Investment holding, and Property Management. The Production and trading segment, which is the key revenue generator, is involved in the production and trading of security and confidential documents. The plantation segment comprises oil palm production and processing activities. Its Investment holding and property management segment consists of investment holding, rental, and management of commercial properties. The company's geographical segments comprise Malaysia and Indonesia, out of which the majority of the revenue comes from Malaysia.

Fima Bhd (XKLS:3107) Headlines

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