ARB IOT Group (ARB IOT Group) ROCE % : -56.34% (As of Dec. 2023)

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What is ARB IOT Group 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. ARB IOT Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -56.34%.

ARB IOT Group ROCE % Historical Data

The historical data trend for ARB IOT Group'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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ARB IOT Group ROCE % Chart

ARB IOT Group Annual Data

Trend

Jun21

Jun22

Jun23

ROCE %

21.88

42.88

6.57

ARB IOT Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			66.95	36.14	1.57	11.85	-56.34

ARB IOT Group ROCE % Calculation

ARB IOT Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	4.729	/	( ( (74.697 - 3.638)	+	(85.463 - 12.608) )	/ 2 )
	=	4.729	/	( (71.059	+	72.855)	/ 2 )
	=	4.729	/	71.957
	=	6.57 %

ARB IOT Group'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-26.958	/	( ( (85.463 - 12.608)	+	(57.701 - 34.853) )	/ 2 )
	=	-26.958	/	( ( 72.855	+	22.848 )	/ 2 )
	=	-26.958	/	47.8515
	=	-56.34 %

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

ARB IOT Group (NAS:ARBB) 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.

ARB IOT Group ROCE % Related Terms

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ARB IOT Group (ARB IOT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100

Website

https://www.arbiotgroup.com

ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

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