NCT Alliance Bhd (XKLS:0056) ROCE % : 11.99% (As of Dec. 2023)

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What is NCT Alliance 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. NCT Alliance Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.99%.

NCT Alliance Bhd ROCE % Historical Data

The historical data trend for NCT Alliance 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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NCT Alliance Bhd ROCE % Chart

NCT Alliance Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.87

10.94

15.59

11.22

9.63

NCT Alliance 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															13.93	7.20	9.47	10.48	11.99

NCT Alliance Bhd ROCE % Calculation

NCT Alliance 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 )
	=	64.116	/	( ( (832.832 - 189.898)	+	(818.497 - 130.307) )	/ 2 )
	=	64.116	/	( (642.934	+	688.19)	/ 2 )
	=	64.116	/	665.562
	=	9.63 %

NCT Alliance 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 )
	=	81.312	/	( ( (816.262 - 147.603)	+	(818.497 - 130.307) )	/ 2 )
	=	81.312	/	( ( 668.659	+	688.19 )	/ 2 )
	=	81.312	/	678.4245
	=	11.99 %

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

NCT Alliance Bhd (XKLS:0056) 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.

NCT Alliance Bhd ROCE % Related Terms

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NCT Alliance Bhd (XKLS:0056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NCT Alliance Bhd (XKLS:0056) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan BP 4/9, Menara NCT, Bandar Bukit Puchong, Puchong, SGR, MYS, 47100

Website

https://www.nctalliance.com

NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of data management and collaboration solutions. The business activity of the firm is operated through Enterprise Data Collection and Collation System (EDCCS), Labels, and Property Development. It derives the majority of revenue from the EDCCS segment which involves the supply and installation of Enterprise Data Collection and Collation System and hardware, information technology solutions, computer related accessories and integrating computer system and hardwa. Geographically the business presence of the firm is seen across the region of Malaysia, Hong Kong, and China.

NCT Alliance Bhd (XKLS:0056) Headlines

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