United Plantation Berhad (XKLS:2089) ROCE % : 22.77% (As of Mar. 2024)

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What is United Plantation Berhad 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. United Plantation Berhad's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.77%.

United Plantation Berhad ROCE % Historical Data

The historical data trend for United Plantation Berhad'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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United Plantation Berhad ROCE % Chart

United Plantation Berhad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.07

18.29

24.16

28.44

30.20

United Plantation Berhad Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															18.75	26.46	39.63	34.44	22.77

United Plantation Berhad ROCE % Calculation

United Plantation Berhad'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 )
	=	934.241	/	( ( (3318.8 - 209.117)	+	(3263.605 - 186.796) )	/ 2 )
	=	934.241	/	( (3109.683	+	3076.809)	/ 2 )
	=	934.241	/	3093.246
	=	30.20 %

United Plantation Berhad'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	713.824	/	( ( (3263.605 - 186.796)	+	(3367.47 - 175.156) )	/ 2 )
	=	713.824	/	( ( 3076.809	+	3192.314 )	/ 2 )
	=	713.824	/	3134.5615
	=	22.77 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

United Plantation Berhad (XKLS:2089) 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.

United Plantation Berhad ROCE % Related Terms

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United Plantation Berhad (XKLS:2089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Plantation Berhad (XKLS:2089) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UPBMF:USA

Address

Jendarata Estate, Teluk Intan, PRK, MYS, 36009

Website

https://www.unitedplantations.com

United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.

United Plantation Berhad (XKLS:2089) Headlines

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