Euro Holdings Bhd (XKLS:7208) ROCE % : 10.40% (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Euro Holdings 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. Euro Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.40%.

Euro Holdings Bhd ROCE % Historical Data

The historical data trend for Euro Holdings 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.

Euro Holdings Bhd ROCE % Chart

Euro Holdings Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

Get a 7-Day Free Trial

6.08

3.33

-0.98

-8.83

7.29

Euro Holdings Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-47.15	-0.65	-35.90	-8.29	10.40

Euro Holdings Bhd ROCE % Calculation

Euro Holdings Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	5.55	/	( ( (145.683 - 68.325)	+	(124.766 - 49.898) )	/ 2 )
	=	5.55	/	( (77.358	+	74.868)	/ 2 )
	=	5.55	/	76.113
	=	7.29 %

Euro Holdings 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 )
	=	9.62	/	( ( (121.36 - 29.917)	+	(122.584 - 29.09) )	/ 2 )
	=	9.62	/	( ( 91.443	+	93.494 )	/ 2 )
	=	9.62	/	92.4685
	=	10.40 %

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

Euro Holdings Bhd (XKLS:7208) 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.

Euro Holdings Bhd ROCE % Related Terms

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

Euro Holdings Bhd (XKLS:7208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Euro Holdings Bhd (XKLS:7208) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 20111, Jalan TTC12, Menara Euro, Kawasan Perindustrian Cheng, Mukim Cheng, Daerah Melaka Tengah, Melaka, MLA, MYS, 48000

Website

http://www.euroholdings.com.my

Euro Holdings Bhd is a Malaysia based company engaged in the manufacturing and trading of office furniture and steel. The business activity of the firm is functioned through Manufacturing and trading, Property development, and Others. The company's activities include Manufacturing and trading of office furniture, Property development of residential properties, and Investment holding operations. It offers products related to office furniture, fabric materials, partitions, steel furniture, chairs, and panels. The group derives key revenue from the Manufacturing and trading segment. The company geographically operates in Malaysia, Hong Kong, India, Middle East, Thailand and others.

Euro Holdings Bhd (XKLS:7208) Headlines

No Headlines