LGMS Bhd (XKLS:0249) ROCE % : 23.88% (As of Dec. 2023)

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What is LGMS 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. LGMS Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.88%.

LGMS Bhd ROCE % Historical Data

The historical data trend for LGMS 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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LGMS Bhd ROCE % Chart

LGMS Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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44.24

46.63

53.65

27.48

17.82

LGMS Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							20.49	10.71	23.82	14.74	23.88

LGMS Bhd ROCE % Calculation

LGMS 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 )
	=	15.292	/	( ( (91.28 - 6.733)	+	(95.674 - 8.573) )	/ 2 )
	=	15.292	/	( (84.547	+	87.101)	/ 2 )
	=	15.292	/	85.824
	=	17.82 %

LGMS 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 )
	=	20.42	/	( ( (91.589 - 7.697)	+	(95.674 - 8.573) )	/ 2 )
	=	20.42	/	( ( 83.892	+	87.101 )	/ 2 )
	=	20.42	/	85.4965
	=	23.88 %

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

LGMS Bhd (XKLS:0249) 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.

LGMS Bhd ROCE % Related Terms

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LGMS Bhd (XKLS:0249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LGMS Bhd (XKLS:0249) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan SS 16/1, A-11-01, Empire Office Tower, Selangor Darul Ehsan, Subang Jaya, SGR, MYS, 47500

Website

https://www.lgms.global

LGMS Bhd is an independent provider of professional cybersecurity services, involved in cybersecurity assessment and penetration testing, cyber risk management and compliance, and the provision of digital forensics and incident response services.

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