Frencken Group (SGX:E28) ROCE % : 13.14% (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Frencken Group 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. Frencken Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.14%.

Frencken Group ROCE % Historical Data

The historical data trend for Frencken Group'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.

Frencken Group ROCE % Chart

Frencken Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

19.26

16.25

19.39

16.10

10.71

Frencken Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															17.34	16.57	15.90	8.69	13.14

Frencken Group ROCE % Calculation

Frencken Group'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 )
	=	47.552	/	( ( (725.208 - 289.96)	+	(735.286 - 282.24) )	/ 2 )
	=	47.552	/	( (435.248	+	453.046)	/ 2 )
	=	47.552	/	444.147
	=	10.71 %

Frencken Group'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	57.718	/	( ( (688.924 - 263.677)	+	(735.286 - 282.24) )	/ 2 )
	=	57.718	/	( ( 425.247	+	453.046 )	/ 2 )
	=	57.718	/	439.1465
	=	13.14 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Frencken Group (SGX:E28) 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.

Frencken Group ROCE % Related Terms

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

Frencken Group (SGX:E28) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frencken Group Ltd (SGX:E28) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25 Lebuh Light, Suite 2.1, Level 2, Wisma Great Eastern, George Town, PNG, MYS, 10200

Website

https://www.frenckengroup.com

Frencken Group Ltd is a Singapore-based company. The business operates in segments that are Mechatronics, which specializes in the design and manufacture of complex electro-mechanical assemblies, and automation systems for original equipment manufacturers; and Integrated Manufacturing Services, which specializes in the manufacturing of plastic components and printed circuit board assembly for modules and finished products. The Mechatronics segment generates maximum revenue for the company.

Frencken Group (SGX:E28) Headlines

No Headlines