ASMPT (ASMVY) ROCE % : -24.98% (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is ASMPT 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. ASMPT's annualized ROCE % for the quarter that ended in Dec. 2023 was -24.98%.

ASMPT ROCE % Historical Data

The historical data trend for ASMPT'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.

* Premium members only.

ASMPT ROCE % Chart

ASMPT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.03

5.58

22.28

18.02

6.39

ASMPT Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															9.63	10.65	1.37	-24.98	6.75

ASMPT ROCE % Calculation

ASMPT'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 )
	=	153.616	/	( ( (3182.435 - 673.902)	+	(3068.304 - 769.924) )	/ 2 )
	=	153.616	/	( (2508.533	+	2298.38)	/ 2 )
	=	153.616	/	2403.4565
	=	6.39 %

ASMPT'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 )
	=	-574.04	/	( ( (0 - 0)	+	(3068.304 - 769.924) )	/ 1 )
	=	-574.04	/	( ( 0	+	2298.38 )	/ 1 )
	=	-574.04	/	2298.38
	=	-24.98 %

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

ASMPT (OTCPK:ASMVY) 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.

ASMPT ROCE % Related Terms

Thank you for viewing the detailed overview of ASMPT's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

ASMPT (ASMVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASMPT Ltd (OTCPK:ASMVY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ASMVF:USA 00522:Hong Kong AY7A:Germany

Address

2 Yishun Avenue 7, Singapore, SGP, 768924

Website

https://www.asmpt.com

ASMPT designs, manufactures and sells precision equipment used to assemble semiconductors and other electronic equipment. Listed on the Hong Kong Stock Exchange since 1989, ASMPT is headquartered in Hong Kong and has operations in Asia, Europe and the U.S. It is the largest supplier globally in both the assembly and packaging equipment market and the surface mounted technology market.

ASMPT (ASMVY) Headlines

From GuruFocus

ASM Pacific Technology Stock Appears To Be Modestly Overvalued

By GF Value GF Value • 04-05-2021

ASM Pacific Technology Stock Is Believed To Be Modestly Overvalued

By GF Value GF Value • 04-29-2021