LFE Bhd (XKLS:7170) ROCE % : 41.21% (As of Dec. 2023)

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What is LFE 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. LFE Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was 41.21%.

LFE Bhd ROCE % Historical Data

The historical data trend for LFE 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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LFE Bhd ROCE % Chart

LFE Bhd Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.84

-4.28

-22.86

4.26

21.70

LFE 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															14.38	11.95	5.29	27.02	41.21

LFE Bhd ROCE % Calculation

LFE 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 )
	=	18.45	/	( ( (118.498 - 42.393)	+	(153.97 - 60.046) )	/ 2 )
	=	18.45	/	( (76.105	+	93.924)	/ 2 )
	=	18.45	/	85.0145
	=	21.70 %

LFE 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 )
	=	37.964	/	( ( (134.537 - 44.2)	+	(153.97 - 60.046) )	/ 2 )
	=	37.964	/	( ( 90.337	+	93.924 )	/ 2 )
	=	37.964	/	92.1305
	=	41.21 %

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

LFE Bhd (XKLS:7170) 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.

LFE Bhd ROCE % Related Terms

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LFE Bhd (XKLS:7170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LFE Corp Bhd (XKLS:7170) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

98, Jalan Dang Wangi, Suite 11.01, 11th Floor, Campbell Complex, Kuala Lumpur, MYS, 50100

Website

https://www.lfe.com.my

LFE Corp Bhd is Malaysia based company. The operating segment of the company are Construction, Mechanical and Electrical, Property development, and Investment. Geographically, the group operates in Malaysia and UAE. It earns the majority of its revenue from the construction, mechanical and electrical segment.

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