U-Media Communications (ROCO:6470) ROCE % : 15.08% (As of Mar. 2024)

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What is U-Media Communications 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. U-Media Communications's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.08%.

U-Media Communications ROCE % Historical Data

The historical data trend for U-Media Communications'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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U-Media Communications ROCE % Chart

U-Media Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.01

26.93

15.13

31.63

20.37

U-Media Communications 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															15.56	30.33	33.36	-0.89	15.08

U-Media Communications ROCE % Calculation

U-Media Communications'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 )
	=	199.735	/	( ( (1564.108 - 700.371)	+	(1637.888 - 540.491) )	/ 2 )
	=	199.735	/	( (863.737	+	1097.397)	/ 2 )
	=	199.735	/	980.567
	=	20.37 %

U-Media Communications'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 )
	=	160.924	/	( ( (1637.888 - 540.491)	+	(1691.391 - 654.694) )	/ 2 )
	=	160.924	/	( ( 1097.397	+	1036.697 )	/ 2 )
	=	160.924	/	1067.047
	=	15.08 %

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

U-Media Communications (ROCO:6470) 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.

U-Media Communications ROCE % Related Terms

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U-Media Communications (ROCO:6470) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » U-Media Communications Inc (ROCO:6470) » Definitions » ROCE %

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Address

Jin-Shan 8th Street, 3rd Floor, Number 1, Hsinchu, TWN, 300

Website

http://www.u-media.com.tw

U-Media Communications Inc is a Taiwan based company engaged in electronic component manufacturing, wired and wireless, Line communication machinery and equipment manufacturing, data storage and processing equipment manufacturing, manufacturing output, communication industry engineering, information software services, telecommunications control radio frequency equipment input and manufacturing, etc. The products of the company include Wireless Broadband, Wifi products like WST and Router and Wireless AV.

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