Goodland Group (SGX:5PC) ROCE % : -1.42% (As of Mar. 2024)

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What is Goodland 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. Goodland Group's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.42%.

Goodland Group ROCE % Historical Data

The historical data trend for Goodland 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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Goodland Group ROCE % Chart

Goodland Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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0.63

-0.84

0.92

4.56

2.20

Goodland Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															1.55	7.57	1.49	2.91	-1.42

Goodland Group ROCE % Calculation

Goodland Group's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	5.813	/	( ( (362.344 - 91.588)	+	(372.422 - 113.858) )	/ 2 )
	=	5.813	/	( (270.756	+	258.564)	/ 2 )
	=	5.813	/	264.66
	=	2.20 %

Goodland Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-3.636	/	( ( (372.422 - 113.858)	+	(342.391 - 88.932) )	/ 2 )
	=	-3.636	/	( ( 258.564	+	253.459 )	/ 2 )
	=	-3.636	/	256.0115
	=	-1.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Goodland Group (SGX:5PC) 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.

Goodland Group ROCE % Related Terms

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Goodland Group (SGX:5PC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Goodland Group Ltd (SGX:5PC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Kim Chuan Lane, Number 07-01 Goodland Group Building, Singapore, SGP, 537069

Website

https://www.goodlandgroup.com.sg

Goodland Group Ltd is a Singapore-based investment property developer specializing in residential developments. The company's segments include Property Development, Construction, Property investment, and Others. The Property Development segment acts as a majority revenue earner for the firm engaged in developing properties for sale. The Construction segment is engaged in constructing residential and commercial properties. Its Property Investment segment is engaged in investing in properties to earn rentals and for capital appreciation. The Others segment comprises corporate office functions and investment in shares.

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