Becamex Infrastructure Development JSC (STC:IJC) ROCE % : 5.33% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Becamex Infrastructure Development 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. Becamex Infrastructure Development JSC's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.33%.

Becamex Infrastructure Development JSC ROCE % Historical Data

The historical data trend for Becamex Infrastructure Development 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.

* Premium members only.

Becamex Infrastructure Development JSC ROCE % Chart

Becamex Infrastructure Development JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.44

17.49

21.28

15.29

13.13

Becamex Infrastructure Development 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															13.46	17.50	9.93	11.84	5.33

Becamex Infrastructure Development JSC ROCE % Calculation

Becamex Infrastructure Development 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 )
	=	564433.932	/	( ( (6523412.492 - 2011065.784)	+	(6403754.435 - 2317793.11) )	/ 2 )
	=	564433.932	/	( (4512346.708	+	4085961.325)	/ 2 )
	=	564433.932	/	4299154.0165
	=	13.13 %

Becamex Infrastructure Development 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 )
	=	235117.752	/	( ( (6403754.435 - 2317793.11)	+	(7012109.816 - 2279532.95) )	/ 2 )
	=	235117.752	/	( ( 4085961.325	+	4732576.866 )	/ 2 )
	=	235117.752	/	4409269.0955
	=	5.33 %

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

Becamex Infrastructure Development JSC (STC:IJC) 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.

Becamex Infrastructure Development JSC ROCE % Related Terms

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

Becamex Infrastructure Development JSC (STC:IJC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Becamex Infrastructure Development JSC (STC:IJC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

230 Pacific Avenue, 5th Floor, Becamex Tower, Phu Hoa, Binh Duong, Thu Dau Mot, VNM

Website

http://www.becamexijc.com

Becamex Infrastructure Development JSC, through its subsidiaries, is engaged in the field of investment and development of industrial, residential, urban and transportation infrastructure. The other business activities in which the company is involved are Collecting traffic fees; Services-Trade; and Real estate business. The organization is based in Vietnam.

Becamex Infrastructure Development JSC (STC:IJC) Headlines

No Headlines