Genting Plantations Bhd (XKLS:2291) ROCE % : 6.56% (As of Dec. 2023)

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What is Genting Plantations 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. Genting Plantations Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.56%.

Genting Plantations Bhd ROCE % Historical Data

The historical data trend for Genting Plantations 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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Genting Plantations Bhd ROCE % Chart

Genting Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.42

4.80

9.90

10.00

6.43

Genting Plantations 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															3.96	4.34	6.77	7.82	6.56

Genting Plantations Bhd ROCE % Calculation

Genting Plantations 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 )
	=	489.334	/	( ( (8791.814 - 1144.47)	+	(8567.093 - 1004.606) )	/ 2 )
	=	489.334	/	( (7647.344	+	7562.487)	/ 2 )
	=	489.334	/	7604.9155
	=	6.43 %

Genting Plantations 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 )
	=	500.116	/	( ( (8768.553 - 1076.268)	+	(8567.093 - 1004.606) )	/ 2 )
	=	500.116	/	( ( 7692.285	+	7562.487 )	/ 2 )
	=	500.116	/	7627.386
	=	6.56 %

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

Genting Plantations Bhd (XKLS:2291) 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.

Genting Plantations Bhd ROCE % Related Terms

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Genting Plantations Bhd (XKLS:2291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Genting Plantations Bhd (XKLS:2291) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, 10th Floor, Wisma Genting, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.gentingplantations.com

Genting Plantations Bhd is engaged in the oil palm plantation business. It operates in five segments: Plantation, which includes upstream activities relating to oil palm plantations in Malaysia and Indonesia; Property segment includes activities relating to property development and property investment; AgTech segment is into genomics research and development; Downstream Manufacturing segment related to manufacturing and sale of palm oil derivative products; and Others. Geographically, it operates in two segments, namely Malaysia and Indonesia, of which the vast majority of its revenue comes from Malaysia.

Genting Plantations Bhd (XKLS:2291) Headlines

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