Forth PCL (BKK:FORTH) ROCE % : 10.99% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Forth PCL 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. Forth PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.99%.

Forth PCL ROCE % Historical Data

The historical data trend for Forth PCL'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.

Forth PCL ROCE % Chart

Forth PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

28.33

30.89

40.17

38.25

26.39

Forth PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															31.14	35.32	33.44	25.39	10.99

Forth PCL ROCE % Calculation

Forth PCL'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 )
	=	1165.825	/	( ( (11385.473 - 7393.53)	+	(11122.439 - 6279.573) )	/ 2 )
	=	1165.825	/	( (3991.943	+	4842.866)	/ 2 )
	=	1165.825	/	4417.4045
	=	26.39 %

Forth PCL'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	510.584	/	( ( (11664.819 - 7215.087)	+	(11122.439 - 6279.573) )	/ 2 )
	=	510.584	/	( ( 4449.732	+	4842.866 )	/ 2 )
	=	510.584	/	4646.299
	=	10.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Forth PCL (BKK:FORTH) 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.

Forth PCL ROCE % Related Terms

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

Forth PCL (BKK:FORTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forth Corp PCL (BKK:FORTH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1053/1, Phaholyothin Road, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400

Website

https://www.forth.co.th

Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.

Forth PCL (BKK:FORTH) Headlines

No Headlines