Roctec Global PCL (BKK:ROCTEC) ROCE % : 9.71% (As of Dec. 2023)

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What is Roctec Global 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. Roctec Global PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.71%.

Roctec Global PCL ROCE % Historical Data

The historical data trend for Roctec Global 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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Roctec Global PCL ROCE % Chart

Roctec Global PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar21

Mar22

Mar23

ROCE %

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13.44

7.22

1.72

1.78

6.36

Roctec Global 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															5.72	6.47	7.46	7.87	9.71

Roctec Global PCL ROCE % Calculation

Roctec Global PCL's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	305.014	/	( ( (6424.661 - 1585.243)	+	(6431.035 - 1681.878) )	/ 2 )
	=	305.014	/	( (4839.418	+	4749.157)	/ 2 )
	=	305.014	/	4794.2875
	=	6.36 %

Roctec Global 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 )
	=	476.824	/	( ( (6809.208 - 1913.053)	+	(6815.919 - 1892.82) )	/ 2 )
	=	476.824	/	( ( 4896.155	+	4923.099 )	/ 2 )
	=	476.824	/	4909.627
	=	9.71 %

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

Roctec Global PCL (BKK:ROCTEC) 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.

Roctec Global PCL ROCE % Related Terms

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Roctec Global PCL (BKK:ROCTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Roctec Global PCL (BKK:ROCTEC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21, Vibhavadi-Rangsit Road, 21th - 22nd Floor, TST Tower, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900

Website

https://www.masterad.com

Roctec Global PCL formerly Master Ad PCL is engaged in the business of advertising, particularly in Thailand. It is a provider of outdoor advertising media. The company has two reportable segments namely Advertising and System installation service segment. It generates maximum revenue from the System installation service segment. The company provides different products and services namely Billboard, Street Furniture, Overseas ADS, Creative OOH, and LED Advertising.

Roctec Global PCL (BKK:ROCTEC) Headlines

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