The Platinum Group PCL (BKK:PLAT) ROCE % : 5.71% (As of Dec. 2023)

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What is The Platinum Group 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. The Platinum Group PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.71%.

The Platinum Group PCL ROCE % Historical Data

The historical data trend for The Platinum Group 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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The Platinum Group PCL ROCE % Chart

The Platinum Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.92

-0.98

-3.40

-1.54

4.65

The Platinum Group 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															1.92	2.63	4.23	6.05	5.71

The Platinum Group PCL ROCE % Calculation

The Platinum Group 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 )
	=	486.226	/	( ( (11902.6 - 1548.319)	+	(11537.793 - 969.907) )	/ 2 )
	=	486.226	/	( (10354.281	+	10567.886)	/ 2 )
	=	486.226	/	10461.0835
	=	4.65 %

The Platinum Group 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 )
	=	600.452	/	( ( (11460.102 - 980.623)	+	(11537.793 - 969.907) )	/ 2 )
	=	600.452	/	( ( 10479.479	+	10567.886 )	/ 2 )
	=	600.452	/	10523.6825
	=	5.71 %

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

The Platinum Group PCL (BKK:PLAT) 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.

The Platinum Group PCL ROCE % Related Terms

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The Platinum Group PCL (BKK:PLAT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Phetchaburi Road, 222/1398, 11th Floor, The Platinum Fashion Mall Building, Ratchathewi District, Petchaburi Road Sub-District, Bangkok, THA, 10400

Website

http://www.theplatinumgroup.co.th

The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in the country of Thailand. Its projects include the Platinum Fashion Mall, War Samui, Holiday Inn Express Samui Hotel, Novotel Bangkok Platinum, and the Platinum Food Center, and others. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments which are Development and rental of retail space in shopping centers and related services; Hotel operations; and Food and beverages centers. The vast majority of its revenue is generated from its retail space development and rental segment.