Truen (XKRX:417790) ROCE % : 12.58% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Truen 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. Truen's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.58%.

Truen ROCE % Historical Data

The historical data trend for Truen'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.

Truen ROCE % Chart

Truen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

31.50

30.45

25.59

18.74

19.16

Truen Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			19.23	14.20	17.79	18.34	12.58

Truen ROCE % Calculation

Truen'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 )
	=	13508.3	/	( ( (55089.636 - 3748.347)	+	(95520.987 - 5860.963) )	/ 2 )
	=	13508.3	/	( (51341.289	+	89660.024)	/ 2 )
	=	13508.3	/	70500.6565
	=	19.16 %

Truen'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 )
	=	11089.108	/	( ( (95520.987 - 5860.963)	+	(92348.286 - 5726.623) )	/ 2 )
	=	11089.108	/	( ( 89660.024	+	86621.663 )	/ 2 )
	=	11089.108	/	88140.8435
	=	12.58 %

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

Truen (XKRX:417790) 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.

Truen ROCE % Related Terms

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

Truen (XKRX:417790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Truen (XKRX:417790) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1108, 1309, 28, Digital-ro 33-gil, Guro-dong, Woorim Ibiz Center 1, Guro-gu, Seoul, KOR

Website

http://www.truen.co.kr

Truen is an IoT convergence video surveillance platform specialized company. Its business is mainly divided into two fields. It is a digital video surveillance system business and IoT (Internet of Things) business. It develops, produces, and sells various types of IP cameras, Video servers, Zoom modules, and Smart Home Solution Egloo. Its solutions comprise Automatic Incident Detection System, Edge AI, ALPR, Air Wiper, and IOT Secure Service.

Truen (XKRX:417790) Headlines

No Headlines