GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alucon PCL (BKK:ALUCON-R) » Definitions » ROCE %

Alucon PCL (BKK:ALUCON-R) ROCE % : 13.01% (As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Alucon 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. Alucon PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.01%.


Alucon PCL ROCE % Historical Data

The historical data trend for Alucon 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.

* Premium members only.

Alucon PCL ROCE % Chart

Alucon PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.83 13.14 11.98 10.70 8.46

Alucon PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.26 8.88 10.17 9.92 13.01

Alucon PCL ROCE % Calculation

Alucon 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 )
=591.526/( ( (7339.964 - 380.564) + (7429.886 - 406.277) )/ 2 )
=591.526/( (6959.4+7023.609)/ 2 )
=591.526/6991.5045
=8.46 %

Alucon PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=932.44/( ( (7429.886 - 406.277) + (7890.793 - 577.203) )/ 2 )
=932.44/( ( 7023.609 + 7313.59 )/ 2 )
=932.44/7168.5995
=13.01 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT 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.


Alucon PCL  (BKK:ALUCON-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.


Alucon PCL ROCE % Related Terms

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


Alucon PCL (BKK:ALUCON-R) Business Description

Traded in Other Exchanges
Address
500 Moo 1, Sukhumvit 72 Road, Soi Sirikam, North Samrong, Muang, Samut Prakarn, THA, 10270
Alucon PCL is a Thailand-based company engaged in producing and distributing aluminium containers such as Aluminium Collapsible Tubes, Aluminium Monobloc Aerosol Cans, Aluminium Rigid Wall Containers, Aluminium Bottles, Technical Impact Extrusions, Aluminium Slugs (Blanks), Aluminium Coils, Aluminium Pellets, strips, plates, etc. The company has two segments namely, the Can and tube segment, and the Slug segment and it has a business presence in Thailand, Asia Pacific, the United States and other countries.

Alucon PCL (BKK:ALUCON-R) Headlines

No Headlines