XAC Automation (ROCO:5490) ROCE % : -13.30% (As of Dec. 2023)

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What is XAC Automation 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. XAC Automation's annualized ROCE % for the quarter that ended in Dec. 2023 was -13.30%.

XAC Automation ROCE % Historical Data

The historical data trend for XAC Automation'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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XAC Automation ROCE % Chart

XAC Automation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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21.13

15.38

9.91

-11.64

-12.77

XAC Automation 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															-2.39	-14.13	-12.49	-11.49	-13.30

XAC Automation ROCE % Calculation

XAC Automation'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 )
	=	-217.02	/	( ( (2040.269 - 249.219)	+	(1852.437 - 245.626) )	/ 2 )
	=	-217.02	/	( (1791.05	+	1606.811)	/ 2 )
	=	-217.02	/	1698.9305
	=	-12.77 %

XAC Automation'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 )
	=	-216.492	/	( ( (1861.813 - 213.218)	+	(1852.437 - 245.626) )	/ 2 )
	=	-216.492	/	( ( 1648.595	+	1606.811 )	/ 2 )
	=	-216.492	/	1627.703
	=	-13.30 %

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

XAC Automation (ROCO:5490) 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.

XAC Automation ROCE % Related Terms

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XAC Automation (ROCO:5490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XAC Automation Corp (ROCO:5490) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

4F., No. 30 Industry E. Road IX, Science-Based Industrial Park, Hsin-Chu, TWN, 300

Website

https://www.xac.com.tw

XAC Automation Corp is a research and development, and manufacturing company. It focuses on delivering commerce specific solutions to the payment industry. The company develops, manufactures and markets transaction automation products. Its key products include EFTPOS terminal, pinpad, mPOS, customer facing device, integrated POS for handheld and desktop use cases, and for unattended outdoor payment modules.

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