Korean Stocks Hit New Highs as Gainers Diversify Beyond Chips
Even though the benchmark Kospi Index is still more than 6% away from its highest point in the last year, 91 members climbed to their 52-week high on Thursday, according to Bloomberg-compiled data. That's the highest one-day tally since May 2021, when Kospi was heading toward its all-time high.
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CGTN: How China's economy remains vibrant despite U.S. tariff war
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Returns On Capital At Suria Capital Holdings Berhad (KLSE:SURIA) Paint A Concerning Picture
What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often have two underlying trends, firstly, a declining return on capital employed (ROCE) and a declining base of capital employed. Basically the company is earning less on its investments and it is also reducing its total assets. So after we looked into Suria Capital Holdings Berhad (KLSE:SURIA), the trends above didn't look too great. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. What Is Return On Capital Employed (ROCE)? 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. Analysts use this formula to calculate it for Suria Capital Holdings Berhad: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.025 = RM33m ÷ (RM1.4b - RM89m) (Based on the trailing twelve months to March 2025). So, Suria Capital Holdings Berhad has an ROCE of 2.5%. In absolute terms, that's a low return and it also under-performs the Infrastructure industry average of 6.5%. See our latest analysis for Suria Capital Holdings Berhad In the above chart we have measured Suria Capital Holdings 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 analyst report for Suria Capital Holdings Berhad . The Trend Of ROCE There is reason to be cautious about Suria Capital Holdings Berhad, given the returns are trending downwards. About five years ago, returns on capital were 4.0%, however they're now substantially lower than that as we saw above. Meanwhile, capital employed in the business has stayed roughly the flat over the period. Companies that exhibit these attributes tend to not be shrinking, but they can be mature and facing pressure on their margins from competition. If these trends continue, we wouldn't expect Suria Capital Holdings Berhad to turn into a multi-bagger. Our Take On Suria Capital Holdings Berhad's ROCE In summary, it's unfortunate that Suria Capital Holdings Berhad is generating lower returns from the same amount of capital. Yet despite these poor fundamentals, the stock has gained a huge 106% over the last five years, so investors appear very optimistic. Regardless, we don't feel too comfortable with the fundamentals so we'd be steering clear of this stock for now. Suria Capital Holdings Berhad could be trading at an attractive price in other respects, so you might find our on our platform quite valuable. While Suria Capital Holdings Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
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EG Industries Berhad's (KLSE:EG) investors will be pleased with their fantastic 441% return over the last five years
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