PetroVietNam Ca Mau Fertilizer JSC (STC:DCM) ROCE % : 14.30% (As of Mar. 2024)

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What is PetroVietNam Ca Mau Fertilizer JSC 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. PetroVietNam Ca Mau Fertilizer JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.30%.

PetroVietNam Ca Mau Fertilizer JSC ROCE % Historical Data

The historical data trend for PetroVietNam Ca Mau Fertilizer JSC'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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PetroVietNam Ca Mau Fertilizer JSC ROCE % Chart

PetroVietNam Ca Mau Fertilizer JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.43

11.22

27.14

48.04

11.49

PetroVietNam Ca Mau Fertilizer JSC 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															9.17	12.05	3.88	20.74	14.30

PetroVietNam Ca Mau Fertilizer JSC ROCE % Calculation

PetroVietNam Ca Mau Fertilizer JSC'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 )
	=	1264965.298	/	( ( (14166860.72 - 2874435.986)	+	(15237966.427 - 4517257.789) )	/ 2 )
	=	1264965.298	/	( (11292424.734	+	10720708.638)	/ 2 )
	=	1264965.298	/	11006566.686
	=	11.49 %

PetroVietNam Ca Mau Fertilizer JSC'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 )
	=	1559579.112	/	( ( (15237966.427 - 4517257.789)	+	(15743577.813 - 4659588.373) )	/ 2 )
	=	1559579.112	/	( ( 10720708.638	+	11083989.44 )	/ 2 )
	=	1559579.112	/	10902349.039
	=	14.30 %

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

PetroVietNam Ca Mau Fertilizer JSC (STC:DCM) 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.

PetroVietNam Ca Mau Fertilizer JSC ROCE % Related Terms

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PetroVietNam Ca Mau Fertilizer JSC (STC:DCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » PetroVietNam Ca Mau Fertilizer JSC (STC:DCM) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Lot D, Industrial Park, Ngo Quyen Street, Ward 1, Ca Mau, VNM

Website

https://www.pvcfc.com.vn

PetroVietNam Ca Mau Fertilizer JSC any is engaged in the manufacturing of basic chemicals, fertilizers and nitrogen compounds. It provides urea fertilizer, complex fertilizer, and biomineral fertilizers. The company also offers services such as transportation services, warehousing, and financial investment.

PetroVietNam Ca Mau Fertilizer JSC (STC:DCM) Headlines

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