AEON Credit Service (M) Bhd (XKLS:5139) ROCE % : 7.34% (As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is AEON Credit Service (M) 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. AEON Credit Service (M) Bhd's annualized ROCE % for the quarter that ended in Feb. 2024 was 7.34%.

AEON Credit Service (M) Bhd ROCE % Historical Data

The historical data trend for AEON Credit Service (M) 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.

* Premium members only.

AEON Credit Service (M) Bhd ROCE % Chart

AEON Credit Service (M) Bhd Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

Get a 7-Day Free Trial

5.28

4.18

6.05

6.19

6.30

AEON Credit Service (M) Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															5.95	6.14	7.40	5.19	7.34

AEON Credit Service (M) Bhd ROCE % Calculation

AEON Credit Service (M) Bhd's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	566.791	/	( ( (11117.098 - 2393.104)	+	(12620.337 - 3351.524) )	/ 2 )
	=	566.791	/	( (8723.994	+	9268.813)	/ 2 )
	=	566.791	/	8996.4035
	=	6.30 %

AEON Credit Service (M) Bhd's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	652.256	/	( ( (12233.293 - 3734.704)	+	(12620.337 - 3351.524) )	/ 2 )
	=	652.256	/	( ( 8498.589	+	9268.813 )	/ 2 )
	=	652.256	/	8883.701
	=	7.34 %

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

AEON Credit Service (M) Bhd (XKLS:5139) 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.

AEON Credit Service (M) Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of AEON Credit Service (M) Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

AEON Credit Service (M) Bhd (XKLS:5139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AEON Credit Service (M) Bhd (XKLS:5139) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Kerinchi, Avenue 10, Level 18, UOA Corporate Tower, The Vertical, Bangsar South City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.aeoncredit.com.my

AEON Credit Service (M) Bhd offers credit cards and other loans and financing options to consumers in Malaysia. The company earns more than 80% of its revenue from interest and financing charges on the loans it provides. Fees provide the remaining revenue. Vehicle financing, with a roughly even split between cars and motorcycles, accounts for more than half of the loans the company has outstanding. Remaining loans outstanding are in the personal financing, consumer durables financing, and credit card categories. Aeon Credit issues credit cards under the Visa and Mastercard brand names.

AEON Credit Service (M) Bhd (XKLS:5139) Headlines

No Headlines