Axiata Group Bhd (XKLS:6888) ROCE % : 5.71% (As of Mar. 2024)

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What is Axiata Group 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. Axiata Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.71%.

Axiata Group Bhd ROCE % Historical Data

The historical data trend for Axiata Group 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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Axiata Group Bhd ROCE % Chart

Axiata Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.95

5.03

6.25

-0.72

4.42

Axiata Group Bhd 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															4.77	-3.02	-1.98	14.64	5.71

Axiata Group Bhd ROCE % Calculation

Axiata Group 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 )
	=	2735.191	/	( ( (81640.731 - 21073.268)	+	(78417.781 - 15173.282) )	/ 2 )
	=	2735.191	/	( (60567.463	+	63244.499)	/ 2 )
	=	2735.191	/	61905.981
	=	4.42 %

Axiata Group Bhd'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 )
	=	3617.004	/	( ( (78417.781 - 15173.282)	+	(79200.177 - 15811.87) )	/ 2 )
	=	3617.004	/	( ( 63244.499	+	63388.307 )	/ 2 )
	=	3617.004	/	63316.403
	=	5.71 %

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

Axiata Group Bhd (XKLS:6888) 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.

Axiata Group Bhd ROCE % Related Terms

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Axiata Group Bhd (XKLS:6888) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axiata Group Bhd (XKLS:6888) » Definitions » ROCE %

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AXXTF:USA

Address

Level 5, 9 Jalan Stesen Sentral 5, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.axiata.com

Axiata Group Bhd is a telecommunications company. The business segments of the company are 1) Mobile segment includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services and digital business and others. 2) Fixed broadband segment is engaged in the broadband and broadcasting business. 3) Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services. 4) Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission. The company has a presence in Malaysia, Indonesia, Bangladesh, Sri Lanka, Nepal, and Cambodia.

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