Unimech Group Bhd (XKLS:7091) ROCE % : 11.50% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Unimech 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. Unimech Group Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.50%.

Unimech Group Bhd ROCE % Historical Data

The historical data trend for Unimech 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.

* Premium members only.

Unimech Group Bhd ROCE % Chart

Unimech Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.71

11.38

13.15

14.94

12.91

Unimech Group 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															10.50	13.20	13.02	12.87	11.50

Unimech Group Bhd ROCE % Calculation

Unimech 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 )
	=	52.288	/	( ( (508.218 - 123.466)	+	(541.414 - 115.841) )	/ 2 )
	=	52.288	/	( (384.752	+	425.573)	/ 2 )
	=	52.288	/	405.1625
	=	12.91 %

Unimech Group 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 )
	=	48.776	/	( ( (542.415 - 119.782)	+	(541.414 - 115.841) )	/ 2 )
	=	48.776	/	( ( 422.633	+	425.573 )	/ 2 )
	=	48.776	/	424.103
	=	11.50 %

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

Unimech Group Bhd (XKLS:7091) 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.

Unimech Group Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Unimech Group Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Unimech Group Bhd (XKLS:7091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Unimech Group Bhd (XKLS:7091) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4934, Jalan Chain Ferry, Wisma Unimech, Butterworth, PNG, MYS, 12100

Website

https://www.unimechgroup.com

Unimech Group Bhd is a Malaysia-based company involved in the metal fabrication business. Its business segment includes Valves, Instrumentation, and Fittings; Electronic; and Pumps. It derives a majority of the revenue from the Valves, instrumentation, and fittings segment which involves system design, fabrication, manufacturing, and distribution of all kinds of valves, instrumentation and fittings, maintenance of boilers, and combustion. Geographically, the group has operational footprints in Australia, Malaysia, Indonesia, Thailand, the People's Republic of China, Singapore, and other countries; of which key revenue is generated from Malaysia.

Unimech Group Bhd (XKLS:7091) Headlines

No Headlines