If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Speaking of which, we noticed some great changes in Uchi Technologies Berhad's (KLSE:UCHITEC) returns on capital, so let's have a look.
What Is Return On Capital Employed (ROCE)?
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Uchi Technologies Berhad, this is the formula:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.48 = RM114m ÷ (RM289m - RM50m) (Based on the trailing twelve months to September 2022).
Therefore, Uchi Technologies Berhad has an ROCE of 48%. That's a fantastic return and not only that, it outpaces the average of 17% earned by companies in a similar industry.
See our latest analysis for Uchi Technologies Berhad
In the above chart we have measured Uchi Technologies Berhad's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
What Can We Tell From Uchi Technologies Berhad's ROCE Trend?
Uchi Technologies Berhad's ROCE growth is quite impressive. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 123% in that same time. So it's likely that the business is now reaping the full benefits of its past investments, since the capital employed hasn't changed considerably. It's worth looking deeper into this though because while it's great that the business is more efficient, it might also mean that going forward the areas to invest internally for the organic growth are lacking.
The Key Takeaway
To sum it up, Uchi Technologies Berhad is collecting higher returns from the same amount of capital, and that's impressive. Since the stock has returned a solid 61% to shareholders over the last five years, it's fair to say investors are beginning to recognize these changes. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.
If you'd like to know about the risks facing Uchi Technologies Berhad, we've discovered 2 warning signs that you should be aware of.
If you'd like to see other companies earning high returns, check out our free list of companies earning high returns with solid balance sheets here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You'll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
india smm panel
(2023-01-27 05:37:42Z)This article gave me a lot of fantastic ideas. Thank you very much, and please keep up the wonderful work.
REPLYsmm panel services
(2023-01-27 06:54:08Z)This post is amazing, Thanks to sharing this information.
REPLY후오비코리아
(2023-01-27 23:29:43Z)Good day! This post couldn't be written any better!
REPLYReading through this post reminds me of my good old room mate!
He always kept chatting about this. I will forward this
page to him. Pretty sure he will have a good read.
Many thanks for sharing!
Josephcer
(2023-02-19 20:24:50Z)
REPLYLovely forum posts. Cheers!
https://essaywritingserviceahrefs.com/ writing an academic essay
Ypnwep
(2023-02-23 13:27:31Z)buy digoxin 250mg pill digoxin 250 mg tablet molnunat 200mg brand
REPLYLedkxz
(2023-02-24 13:44:34Z)acetazolamide 250 mg brand acetazolamide price azathioprine 25mg usa
REPLYYvnkhl
(2023-02-26 02:46:42Z)buy digoxin 250mg telmisartan 20mg us molnunat drug
REPLYRobertpet
(2023-02-27 06:04:41Z)
REPLYNicely put. Many thanks.
affordable dissertation writing services dissertation consulting buy dissertation uk
Svtzfl
(2023-02-27 17:54:36Z)amoxicillin 250mg tablet order stromectol pills ivermectin order
REPLYSolniw
(2023-02-28 09:40:47Z)buy carvedilol 25mg sale elavil 10mg usa buy amitriptyline 10mg without prescription
REPLYAndrewsaumn
(2023-03-01 02:03:46Z)
REPLYTips nicely considered!!
do my literature homework pay someone to do my math homework do my homework cheap
Hybbdj
(2023-03-01 09:20:48Z)priligy 30mg for sale order priligy for sale buy motilium 10mg
REPLYFstlej
(2023-03-01 21:11:29Z)order alendronate sale furadantin online order ibuprofen 600mg canada
REPLYXcahas
(2023-03-02 20:46:58Z)indomethacin generic purchase cenforce pills cenforce drug
REPLYHectordex
(2023-03-03 07:40:02Z)
REPLYRegards! Great information!
business assignment writing service paper writing service writing an informative essay
Gmlltc
(2023-03-03 09:43:30Z)nortriptyline 25mg canada order generic panadol paroxetine pills
REPLYJosephdyext
(2023-03-03 19:54:31Z)
REPLYFantastic forum posts. Kudos!
explicit thesis statement good and bad thesis statements background of thesis
Hectordex
(2023-03-04 07:35:37Z)You explained this terrifically!
REPLYdo my college essay for me can someone write a research paper for me write my essay for cheap
Hvrfuh
(2023-03-04 10:14:24Z)purchase doxycycline pills buy chloroquine 250mg for sale medrol for sale online
REPLYHectordex
(2023-03-04 19:05:08Z)
REPLYVery good info. Thank you!
please do my essay for me professional essay writers expert essays writers
Livrro
(2023-03-04 21:58:56Z)pepcid 40mg cheap tacrolimus 1mg canada remeron without prescription
REPLYManuelLitle
(2023-03-05 21:33:23Z)
REPLYThis is nicely expressed. !
dissertation help online online dissertation help affordable dissertation writing services dissertation help birmingham
writing an analytical essay are essay writing services legit writing a descriptive essay essay writing meme
custom essay writing services https://dissertationwritingtops.com
Andrewnit
(2023-03-06 02:26:16Z)
REPLYAmazing knowledge. Cheers!
essay writing service com top rated essay writing service customer service writing training writing services
Uqjlpp
(2023-03-06 08:04:14Z)ropinirole usa purchase labetalol pills labetalol pills
REPLYBrandonBuh
(2023-03-06 14:14:55Z)
REPLYThank you! Plenty of information!
writer paper research papers writers i need someone to write a paper for me professional term paper writer
write a speech for me spanish essay writer do i italicize the title of my essay persuasive essay writer free
write analysis essay https://bestpaperwritingservice.com
ManuelLitle
(2023-03-06 16:57:56Z)You mentioned that terrifically!
REPLYcoursework uk could you help me do my homework pay someone to do my math homework can i pay someone to do my homework reviews
buy essays uk where to buy essays cheap essays for sale best place to buy essay online
how to write a college essay https://essaytyperhelp.com
Patrickhar
(2023-03-07 02:24:51Z)You stated this wonderfully.
REPLYpaper writer reviews someone to write my paper for me paper writing services lined writing paper
Andrewnit
(2023-03-07 06:07:34Z)You expressed this exceptionally well!
REPLYdo my essay for me cheap write an essay on my best friend in french cheapest essay writing services do my college essay for me
Rkfckt
(2023-03-07 21:47:40Z)order tricor 160mg pills sildenafil otc buy viagra sale
REPLYPatrickhar
(2023-03-07 22:49:30Z)
REPLYYou have made the point!
best essay writing service reddit best essay writing service reviews how to teach essay writing last minute paper writing service
Njcbnh
(2023-03-08 01:00:19Z)esomeprazole 40mg canada lasix drug cost furosemide 100mg
REPLYManuelLitle
(2023-03-08 08:37:17Z)
REPLYNicely put, With thanks!
help write an essay helping poor people essay need help in writing an essay writing essay help
should i do my homework fiverr do my homework how to make my sim do homework sims 4 do my computer homework for me
rutgers essay help https://essaywriting4you.com
Andrewnit
(2023-03-08 09:35:35Z)
REPLYAppreciate it, Ample tips!
how to write a scientific paper pay for someone to write your paper how to write a response paper website that writes papers for you
Patrickhar
(2023-03-08 19:05:01Z)
REPLYRegards! Valuable information!
best executive resume writing service engineering coursework writing service best college application essay writing service note writing service
BrandonBuh
(2023-03-08 20:50:53Z)
REPLYThanks! I value this!
hire essay writer australia need essay writer pay somebody to do my essay do my essay reddit
[url=https://phdthesisdissertation.com/]dissertation title help[/url] phd writing services [url=https://writeadissertation.com/]dissertation editing[/url] help with dissertation writing
umi dissertation search https://writingthesistops.com
Scuasp
(2023-03-09 10:37:41Z)buy cialis 20mg sale Cialis cost sildenafil for men
REPLYAndrewnit
(2023-03-09 12:06:02Z)
REPLYRegards! Very good information!
dissertation editing help dissertation help co uk review professional dissertation writing define dissertation
Whjtqk
(2023-03-09 12:52:04Z)brand minocycline generic minocycline hytrin 5mg sale
REPLYPatrickhar
(2023-03-09 13:41:47Z)
REPLYPerfectly spoken indeed! !
cheap custom essay writing services essay writing meme best custom essay writing service essay writing service bbb
BrandonBuh
(2023-03-09 23:14:18Z)
REPLYNicely put. Appreciate it.
how do i get my sim to do homework do my marketing homework do my math homework do my homework reddit
do my dissertation dissertation help online uk top dissertation writing service dissertation help uk
editing essay services https://theessayswriters.com
Patrickhar
(2023-03-10 07:58:01Z)
REPLYKudos! Plenty of knowledge!
pay someone to write a paper pay someone to write paper how to write an analysis paper online paper writer
Andrewnit
(2023-03-10 14:33:26Z)
REPLYMany thanks, I like it!
academic paper writing service uk cheapest paper writing service writing a reflection paper on human service online paper writing service reviews
BrandonBuh
(2023-03-11 01:33:35Z)
REPLYLovely forum posts. Appreciate it.
research proposal help services research statement for phd dissertation help online professional dissertation help
professional essay writing oxford essay writing service cv writing service cheap will writing service uk
freelance essay writers https://writingpaperforme.com
Wiekdv
(2023-03-11 04:14:25Z)viagra cialis cialis rx buy ed pills online usa
REPLYSgcoec
(2023-03-11 09:50:38Z)generic glucophage purchase metformin sale purchase nolvadex online cheap
REPLYAndrewnit
(2023-03-11 17:00:16Z)
REPLYYou definitely made the point!
dissertation writers phd thesis writing service doctoral dissertation writing help order dissertation
ManuelLitle
(2023-03-11 23:19:03Z)
REPLYUseful facts. Many thanks!
can my son do his homework on a gaming laptop do my homework now do my homework for money i do my homework in spanish
cheap dissertation writing online dissertation help custom dissertation uk need help writing dissertation
stephen king essay on writing https://essaywritingservicelinked.com
BrandonBuh
(2023-03-12 03:58:14Z)
REPLYRegards! Fantastic information!
custom research paper writing services proposal sections parts of a research proposal where to buy a good research paper
dissertation writers for hire dissertation pay online dissertation writing buy mba dissertation
essay writer jobs https://theessayswriters.com
Patrickhar
(2023-03-12 10:55:43Z)
REPLYThank you, I enjoy it!
business blog writing service 6th grade essay writing worksheets essay writing service uk cheap which is the best resume writing service
ManuelLitle
(2023-03-12 16:59:37Z)
REPLYPoint effectively utilized.!
do my python homework i don t know how to do my math homework do my programming homework i always do my homework in spanish
non profit resume writing service how to teach essay writing pendrago writing service reviews linkedin profile writing service reviews uk
buy essay online for cheap https://payforanessaysonline.com
Andrewnit
(2023-03-12 19:17:54Z)
REPLYThis is nicely expressed. !
dissertation literature review help accounting dissertation help writing dissertation dissertation help in uk
Pqihbz
(2023-03-13 00:20:56Z)modafinil 200mg ca provigil over the counter order promethazine 25mg
REPLYPatrickhar
(2023-03-13 04:50:54Z)
REPLYIncredible plenty of terrific material!
how to do a quiz on show my homework do i write my questions down for homework do my french homework for me free can someone do my accounting homework
BrandonBuh
(2023-03-13 06:20:57Z)
REPLYSuperb information. Thanks!
essay for sale buy an essays buying essays online safe where to buy essay
tentative thesis statement academic thesis statement thesis statement about education custom thesis writers
online essay writers https://bestcheapessaywriters.com
Mrvswm
(2023-03-13 06:41:50Z)order clomiphene 100mg pills buy prednisolone tablets order prednisolone 5mg sale
REPLYManuelLitle
(2023-03-13 11:00:35Z)
REPLYPosition clearly used!.
essay dissertation best dissertation writing companies dissertation editing help cheap dissertations
best website that writes essays for you professional essay writers online top essay writer how to write an essay about my background
help me write a speech https://cheapessaywriteronlineservices.com
Ixswin
(2023-03-14 17:57:29Z)buy generic prednisone 40mg buy accutane 40mg generic amoxicillin 250mg uk
REPLYCjqnmi
(2023-03-15 03:23:40Z)cheap accutane 40mg buy isotretinoin 40mg pill ampicillin online
REPLYGiwysc
(2023-03-16 15:58:07Z)buy sildenafil 100mg generic buy pregabalin 75mg sale finasteride 1mg canada
REPLYAewrqa
(2023-03-18 17:23:35Z)ondansetron drug bactrim generic order bactrim 960mg online cheap
REPLYMqumwr
(2023-03-20 18:36:20Z)ventolin inhalator without prescription synthroid for sale clavulanate uk
REPLYRxbkuf
(2023-03-21 13:22:29Z)prednisolone 40mg brand buy generic prednisolone 20mg order furosemide 40mg online
REPLYPatrickhar
(2023-03-21 18:46:02Z)
REPLYSuperb material. Thanks a lot.
college research paper writing service research paper services cheap online proposal help with term paper
Twukek
(2023-03-22 17:43:24Z)purchase provigil pills zestril order online buy metoprolol 100mg without prescription
REPLYPatrickhar
(2023-03-22 23:26:11Z)
REPLYYou've made the point.
phd research proposal buy college term papers custom term paper writing proposal writing services
ManuelLitle
(2023-03-23 00:50:11Z)You said that exceptionally well!
REPLYbuy a paper nursing paper writing service pay for paper writing research paper writing service australia
dissertation writers data analysis in dissertation proposal writing services dissertation spss help
diversity college essay https://argumentativethesis.com
Pcxtkx
(2023-03-24 00:20:18Z)monodox pill doxycycline 200mg pill buy generic acyclovir 800mg
REPLYBrandonBuh
(2023-03-25 20:47:13Z)
REPLYMany thanks! Helpful stuff.
writing a phd dissertation online dissertations english dissertation help dissertation.
best term paper writing service custom paper writing service reviews thesis paper writing services best school paper writing service
writing essay https://englishessayhelp.com
Andrewnit
(2023-03-26 03:14:49Z)
REPLYNicely put, Many thanks!
research paper proposal term paper service research proposal writer term papers for sale
Nyljfp
(2023-03-26 11:01:55Z)inderal online buy cost fluconazole 100mg brand carvedilol 25mg
REPLYBunfbz
(2023-03-26 15:46:00Z)cheap azathioprine 50mg naproxen 250mg over the counter cost naproxen 250mg
REPLYBrandonBuh
(2023-03-26 19:38:23Z)
REPLYVery well spoken certainly. !
thesis proposal example thesis on power phd thesis dissertation thesis for a research paper
help with college essay writing buy essay online writing service best custom essay writing service writing essay services
writing a proposal essay https://customthesiswritingservice.com
Qlxmdj
(2023-03-26 22:50:41Z)buy generic oxybutynin oxcarbazepine 300mg tablet oxcarbazepine 600mg tablet
REPLYAndrewnit
(2023-03-27 02:10:51Z)
REPLYWell voiced certainly. !
hire essay writer australia should i sleep or write my essay how to write an about me for a blog write my admission essay
BrandonBuh
(2023-03-27 18:32:01Z)
REPLYExcellent material. Regards!
buy essay papers online buy essays for cheap pay for essay cheap pay someone to write my essay
essay helper online medical school application essay help descriptive essay help need help to write an essay
writing a rhetorical analysis essay https://studentessaywriting.com
Andrewnit
(2023-03-28 00:57:45Z)
REPLYKudos! Fantastic stuff.
define dissertation dissertation writing services review doctoral dissertation writing help dissertation abstracts database
Aiudyu
(2023-03-28 12:06:24Z)cefdinir 300 mg price buy lansoprazole 15mg for sale protonix uk
REPLYBrandonBuh
(2023-03-28 17:26:27Z)
REPLYRegards. Quite a lot of stuff!
high school research paper writing service term paper writing service online english paper writing service where to buy college papers
buy college research paper essays term papers research project proposals can someone write my research paper
how to write a why college essay https://helpwithdissertationwriting.com
Cymxoq
(2023-03-28 20:35:04Z)zocor usa purchase phenergan online sildenafil pills
REPLYAndrewnit
(2023-03-28 23:48:37Z)
REPLYReliable forum posts. Thanks!
writing service reddit graduate paper writing service what is the best essay writing service list of essay writing services
BrandonBuh
(2023-03-29 16:28:10Z)
REPLYAwesome facts. Thanks!
write my essay online can i pay someone to do my essay american writers essay geographical essay book writer name
coursework writing i don t do my homework anymore do my homework for me free danny gonzalez do my homework
best college essay prompts https://dissertationwritingtops.com
BrandonBuh
(2023-03-30 15:31:59Z)
REPLYTips effectively regarded!!
help to write an essay satisfaction comes from helping others essay help writing a narrative essay help writing essay paper
high school essay writing help essay helpers the college essay guy njhs essay help
essay online writer https://essaywritingserviceahrefs.com