Returns On Capital At VICOM (SGX:WJP) Have Hit The Brakes

Simply Wall St.06-16

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) ...

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BK99
07-11
BK99
Most of your articles on SGX stocks were written negatively ???why ??

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Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Returns On Capital At VICOM (SGX:WJP) Have Hit The Brakes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReturns On Capital At VICOM (SGX:WJP) Have Hit The Brakes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-16 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WJP.SI","symbol_name":"维康","start_time":0,"source_url":"https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html","article_id":"2443691092","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZOQCmyATlYtp8ZaAQnvOpA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/3906216b8cfc9ed88e06b5e462760ad6"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2443691092","pubTimestamp":1718501439,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"To find a multi-bagger stock, what are the underlying trends we should look for in a business?Amongst other things, we'll want to see two things; firstly, a growing return on capital employed  and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at VICOM , they do have a high ROCE, but we weren't exactly elated from how returns are trending.For those who don't know, ROCE is a measure of a company's yearly pre-tax profit , relative to the capital employed in the business. The formula for this calculation on VICOM is:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . Therefore, VICOM has an ROCE of 20%. In absolute terms that's a great return and it's even better than the Commercial Services industry average of 8.6%.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WJP.SI":"维康","BK6520":"工商业服务概念","BK6054":"综合支持服务"},"translate_title":"VICOM（新交所股票代码：WJP）的资本回报率已经刹车","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WJP.SI":0.9},"content_text":"To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at VICOM (SGX:WJP), they do have a high ROCE, but we weren't exactly elated from how returns are trending. \n Understanding Return On Capital Employed (ROCE) \n For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on VICOM is: \n Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) \n0.20 = S$33m ÷ (S$196m - S$31m) (Based on the trailing twelve months to December 2023).\n Therefore, VICOM has an ROCE of 20%. In absolute terms that's a great return and it's even better than the Commercial Services industry average of 8.6%. \n See our latest analysis for VICOM \n\n\n\n  SGX:WJP Return on Capital Employed June 16th 2024\n \n\n Historical performance is a great place to start when researching a stock so above you can see the gauge for VICOM's ROCE against it's prior returns. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of VICOM. \n What Does the ROCE Trend For VICOM Tell Us? \n There hasn't been much to report for VICOM's returns and its level of capital employed because both metrics have been steady for the past five years. Businesses with these traits tend to be mature and steady operations because they're past the growth phase. So while the current operations are delivering respectable returns, unless capital employed increases we'd be hard-pressed to believe it's a multi-bagger going forward. \n The Bottom Line On VICOM's ROCE \n In summary, VICOM isn't compounding its earnings but is generating decent returns on the same amount of capital employed. Additionally, the stock's total return to shareholders over the last five years has been flat, which isn't too surprising. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere. \n VICOM does come with some risks though, we found 2 warning signs in our investment analysis, and 1 of those is a bit concerning... \n If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity. \nHave 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.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":326190088540272,"gmtCreate":1720660479307,"gmtModify":1720660482984,"author":{"id":"3582154836923956","authorId":"3582154836923956","name":"BK99","avatar":"https://community-static.tradeup.com/news/135c1133415675c1298dfbb871606910","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3582154836923956","idStr":"3582154836923956"},"htmlText":"Most of your articles on SGX stocks were written negatively ???why ??&nbsp;","listText":"Most of your articles on SGX stocks were written negatively ???why ??&nbsp;","text":"Most of your articles on SGX stocks were written negatively ???why ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/326190088540272","repostId":2443691092,"repostType":2,"repost":{"id":"2443691092","pubTimestamp":1718501439,"share":"https://ttm.financial/m/news/2443691092?lang=&edition=fundamental","pubTime":"2024-06-16 09:30","market":"us","language":"en","title":"Returns On Capital At VICOM (SGX:WJP) Have Hit The Brakes","url":"https://stock-news.laohu8.com/highlight/detail?id=2443691092","media":"Simply Wall St.","summary":"To find a multi-bagger stock, what are the underlying trends we should look for in a business?Amongst other things, we'll want to see two things; firstly, a growing return on capital employed  and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at VICOM , they do have a high ROCE, but we weren't exactly elated from how returns are trending.For those who don't know, ROCE is a measure of a company's yearly pre-tax profit , relative to the capital employed in the business. The formula for this calculation on VICOM is:. Return on Capital Employed = Earnings Before Interest and Tax  ÷ . Therefore, VICOM has an ROCE of 20%. In absolute terms that's a great return and it's even better than the Commercial Services industry average of 8.6%.","content":"<html><body><p>To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing <em>return</em> on capital employed (ROCE) and secondly, an expansion in the company's <em>amount</em> of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at <strong>VICOM</strong> (SGX:WJP), they do have a high ROCE, but we weren't exactly elated from how returns are trending. </p>\n<h2> Understanding Return On Capital Employed (ROCE) </h2>\n<p> For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on VICOM is: </p>\n<p> <strong>Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)</strong> </p>\n<p>0.20 = S$33m ÷ (S$196m - S$31m) <em>(Based on the trailing twelve months to December 2023)</em>.</p>\n<p> Therefore, <strong>VICOM has an ROCE of 20%.</strong> In absolute terms that's a great return and it's even better than the Commercial Services industry average of 8.6%. </p>\n<p><span> See our latest analysis for VICOM </span></p>\n<figure>\n<img height=\"316\" src=\"https://s.yimg.com/uu/api/res/1.2/0yjino9WVqZ.aO2F0mDoSA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/simply_wall_st__316/991ba480fa78a87cf35fb0c2301f3e51\" width=\"333\"/>\n<figcaption>\n  SGX:WJP Return on Capital Employed June 16th 2024\n </figcaption>\n</figure>\n<p> Historical performance is a great place to start when researching a stock so above you can see the gauge for VICOM's ROCE against it's prior returns. If you want to delve into the historical earnings , check out these <strong>free</strong> graphs detailing revenue and cash flow performance of VICOM. </p>\n<h2> What Does the ROCE Trend For VICOM Tell Us? </h2>\n<p> There hasn't been much to report for VICOM's returns and its level of capital employed because both metrics have been steady for the past five years. Businesses with these traits tend to be mature and steady operations because they're past the growth phase. So while the current operations are delivering respectable returns, unless capital employed increases we'd be hard-pressed to believe it's a multi-bagger going forward. </p>\n<h2> The Bottom Line On VICOM's ROCE </h2>\n<p> In summary, VICOM isn't compounding its earnings but is generating decent returns on the same amount of capital employed. Additionally, the stock's total return to shareholders over the last five years has been flat, which isn't too surprising. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere. </p>\n<p> VICOM does come with some risks though, we found<strong> 2 warning signs in our investment analysis,</strong> and 1 of those is a bit concerning... </p>\n<p> If you want to search for more stocks that have been earning high returns, check out this <strong>free</strong> list of stocks with solid balance sheets that are also earning high returns on equity. </p>\n<p><strong>Have feedback on this article? Concerned about the content?</strong> <strong>Get in touch</strong><strong> with us directly.</strong><i> Alternatively, email editorial-team (at) simplywallst.com.</i><br/><br/><i>This article by Simply Wall St is general in nature. <strong>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.</strong> 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.</i><br/><br/></p>\n<p><strong>Have feedback on this article? Concerned about the content? Get in touch with us directly.</strong><em> Alternatively, email editorial-team@simplywallst.com</em></p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Returns On Capital At VICOM (SGX:WJP) Have Hit The Brakes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReturns On Capital At VICOM (SGX:WJP) Have Hit The Brakes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-16 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/ZOQCmyATlYtp8ZaAQnvOpA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/3906216b8cfc9ed88e06b5e462760ad6","relate_stocks":{"WJP.SI":"维康","BK6520":"工商业服务概念","BK6054":"综合支持服务"},"source_url":"https://finance.yahoo.com/news/returns-capital-vicom-sgx-wjp-013039688.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2443691092","content_text":"To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at VICOM (SGX:WJP), they do have a high ROCE, but we weren't exactly elated from how returns are trending. \n Understanding Return On Capital Employed (ROCE) \n For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on VICOM is: \n Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) \n0.20 = S$33m ÷ (S$196m - S$31m) (Based on the trailing twelve months to December 2023).\n Therefore, VICOM has an ROCE of 20%. In absolute terms that's a great return and it's even better than the Commercial Services industry average of 8.6%. \n See our latest analysis for VICOM \n\n\n\n  SGX:WJP Return on Capital Employed June 16th 2024\n \n\n Historical performance is a great place to start when researching a stock so above you can see the gauge for VICOM's ROCE against it's prior returns. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of VICOM. \n What Does the ROCE Trend For VICOM Tell Us? \n There hasn't been much to report for VICOM's returns and its level of capital employed because both metrics have been steady for the past five years. Businesses with these traits tend to be mature and steady operations because they're past the growth phase. So while the current operations are delivering respectable returns, unless capital employed increases we'd be hard-pressed to believe it's a multi-bagger going forward. \n The Bottom Line On VICOM's ROCE \n In summary, VICOM isn't compounding its earnings but is generating decent returns on the same amount of capital employed. Additionally, the stock's total return to shareholders over the last five years has been flat, which isn't too surprising. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere. \n VICOM does come with some risks though, we found 2 warning signs in our investment analysis, and 1 of those is a bit concerning... \n If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity. \nHave 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.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. 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