Planet Communications Asia PCL (BKK:PLANET-R) ROCE % : -22.64% (As of Dec. 2023)

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What is Planet Communications Asia PCL 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. Planet Communications Asia PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.64%.

Planet Communications Asia PCL ROCE % Historical Data

The historical data trend for Planet Communications Asia PCL'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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Planet Communications Asia PCL ROCE % Chart

Planet Communications Asia PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.39

5.42

4.03

-3.06

-23.56

Planet Communications Asia PCL 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															-22.67	-8.86	-7.99	-42.23	-22.64

Planet Communications Asia PCL ROCE % Calculation

Planet Communications Asia PCL'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 )
	=	-184.862	/	( ( (944.914 - 222.208)	+	(1283.32 - 436.831) )	/ 2 )
	=	-184.862	/	( (722.706	+	846.489)	/ 2 )
	=	-184.862	/	784.5975
	=	-23.56 %

Planet Communications Asia PCL'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 )
	=	-198.04	/	( ( (1205.156 - 301.939)	+	(1283.32 - 436.831) )	/ 2 )
	=	-198.04	/	( ( 903.217	+	846.489 )	/ 2 )
	=	-198.04	/	874.853
	=	-22.64 %

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

Planet Communications Asia PCL (BKK:PLANET-R) 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.

Planet Communications Asia PCL ROCE % Related Terms

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Planet Communications Asia PCL (BKK:PLANET-R) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Planet Communications Asia PCL (BKK:PLANET-R) » Definitions » ROCE %

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PLANET:Thailand

Address

157 Soi Ramindra 34, Ramindra Road, Tarang Subdistrict, Bangkhen District, Bangkok, THA, 10230

Website

https://www.planetcomm.com

Planet Communications Asia PCL is a Thailand based company engaged in the business of distribution, service, installation and maintenance of telecommunication equipment. It operates in the business segments of the Sale of products and solution; Services segment and Service Provider segment. A majority of revenue is derived from the Sale of products and solution segment which involves sell from being a reseller and selling projects as a system integrator and manufacturer.

Planet Communications Asia PCL (BKK:PLANET-R) Headlines

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