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Vizione Holdings Bhd (XKLS:7070) ROIC % : 0.40% (As of Feb. 2024)


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What is Vizione Holdings Bhd ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Vizione Holdings Bhd's annualized return on invested capital (ROIC %) for the quarter that ended in Feb. 2024 was 0.40%.

As of today (2024-05-27), Vizione Holdings Bhd's WACC % is 4.23%. Vizione Holdings Bhd's ROIC % is 0.18% (calculated using TTM income statement data). Vizione Holdings Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Vizione Holdings Bhd ROIC % Historical Data

The historical data trend for Vizione Holdings Bhd's ROIC % 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.

* Premium members only.

Vizione Holdings Bhd ROIC % Chart

Vizione Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 May15 May16 May17 May18 May19 Nov21
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.40 8.00 10.31 -11.79

Vizione Holdings Bhd Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 Aug20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Feb23 Aug23 Nov23 Feb24
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.25 -2.91 0.12 0.20 0.40

Competitive Comparison of Vizione Holdings Bhd's ROIC %

For the Real Estate - Development subindustry, Vizione Holdings Bhd's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vizione Holdings Bhd's ROIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vizione Holdings Bhd's ROIC % distribution charts can be found below:

* The bar in red indicates where Vizione Holdings Bhd's ROIC % falls into.



Vizione Holdings Bhd ROIC % Calculation

Vizione Holdings Bhd's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Nov. 2021 is calculated as:

ROIC % (A: Nov. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: May. 2019 ) + Invested Capital (A: Nov. 2021 ))/ count )
=-75.985 * ( 1 - -0.79% )/( (612.351 + 687.013)/ 2 )
=-76.5852815/649.682
=-11.79 %

where

Invested Capital(A: May. 2019 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=857.587 - 215.262 - ( 29.974 - max(0, 301.795 - 588.895+29.974))
=612.351

Invested Capital(A: Nov. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=839.371 - 139.537 - ( 12.821 - max(0, 248.024 - 615.625+12.821))
=687.013

Vizione Holdings Bhd's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Feb. 2024 is calculated as:

ROIC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=7.076 * ( 1 - 67.52% )/( (575.764 + 574.04)/ 2 )
=2.2982848/574.902
=0.40 %

where

Invested Capital(Q: Nov. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=824.408 - 212.59 - ( 36.054 - max(0, 246.929 - 652.452+36.054))
=575.764

Note: The Operating Income data used here is four times the quarterly (Feb. 2024) data.

* 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.


Vizione Holdings Bhd  (XKLS:7070) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Vizione Holdings Bhd's WACC % is 4.23%. Vizione Holdings Bhd's ROIC % is 0.18% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Vizione Holdings Bhd ROIC % Related Terms

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Vizione Holdings Bhd (XKLS:7070) Business Description

Traded in Other Exchanges
N/A
Address
No. 16A, Persiaran Barat, Level 22, PJX?HM Shah Tower, Petaling Jaya, SGR, MYS, 46050
Vizione Holdings Bhd is an investment holding company. The company's segments include Construction, Property Development, Healthcare, and Others. The majority of its revenue is derived from the Construction segment, which is into Sub-contracting of electrical, building, and civil works for the construction projects. Property development is into the development of residential and commercial properties. The healthcare segment is into the manufacturing and trading of contraceptive products and rubber gloves.

Vizione Holdings Bhd (XKLS:7070) Headlines

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