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My Chau Printing & Packaging Holding Co (STC:MCP) ROC % : 0.00% (As of . 20)


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What is My Chau Printing & Packaging Holding Co ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. My Chau Printing & Packaging Holding Co's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-05-25), My Chau Printing & Packaging Holding Co's WACC % is 0.00%. My Chau Printing & Packaging Holding Co's ROC % is 0.00% (calculated using TTM income statement data). My Chau Printing & Packaging Holding Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


My Chau Printing & Packaging Holding Co ROC % Historical Data

The historical data trend for My Chau Printing & Packaging Holding Co's ROC % 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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My Chau Printing & Packaging Holding Co ROC % Chart

My Chau Printing & Packaging Holding Co Annual Data
Trend
ROC %

My Chau Printing & Packaging Holding Co Quarterly Data
ROC %

My Chau Printing & Packaging Holding Co ROC % Calculation

My Chau Printing & Packaging Holding Co's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

My Chau Printing & Packaging Holding Co's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Note: The Operating Income data used here is four times the quarterly (. 20) data.

* 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.


My Chau Printing & Packaging Holding Co  (STC:MCP) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, My Chau Printing & Packaging Holding Co's WACC % is 0.00%. My Chau Printing & Packaging Holding Co's ROC % is 0.00% (calculated using TTM income statement data). My Chau Printing & Packaging Holding Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


My Chau Printing & Packaging Holding Co ROC % Related Terms

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My Chau Printing & Packaging Holding Co (STC:MCP) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Luy Ban Bich Street, Tan Thoi Hoa Ward, Tan Phu District, Ho Chi Minh, VNM
My Chau Printing & Packaging Holding Co is engaged in manufacturing metal packaging and trading in steel and aluminum sheets and chemicals for printing on steel plates. The company produces metal packages such as food, milk powder, confectionery, and chemical cans.

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