Siamese Asset PCL (BKK:SA-R) ROCE % : 4.59% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Siamese Asset 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. Siamese Asset PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.59%.

Siamese Asset PCL ROCE % Historical Data

The historical data trend for Siamese Asset 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.

Siamese Asset PCL ROCE % Chart

Siamese Asset PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.52

13.11

4.80

4.53

3.12

Siamese Asset PCL Quarterly Data
	Dec17	Dec18	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															5.93	4.34	2.52	1.20	4.59

Siamese Asset PCL ROCE % Calculation

Siamese Asset 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 )
	=	415.198	/	( ( (16702.068 - 4203.766)	+	(21667.183 - 7535.741) )	/ 2 )
	=	415.198	/	( (12498.302	+	14131.442)	/ 2 )
	=	415.198	/	13314.872
	=	3.12 %

Siamese Asset 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 )
	=	630.6	/	( ( (20841.603 - 7498.446)	+	(21667.183 - 7535.741) )	/ 2 )
	=	630.6	/	( ( 13343.157	+	14131.442 )	/ 2 )
	=	630.6	/	13737.2995
	=	4.59 %

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

Siamese Asset PCL (BKK:SA-R) 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.

Siamese Asset PCL ROCE % Related Terms

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

Siamese Asset PCL (BKK:SA-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Siamese Asset PCL (BKK:SA-R) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SA:Thailand

Address

No. 1077/48 Phahon Yothin Road, Phaya Thai Subdistrict, Phaya Thai District, Bangkok, THA, 10400

Website

https://www.siameseasset.co.th

Siamese Asset PCL is involved in the real estate business. The operations of the Company are property development for sale and management of real estate development projects and providing consulting and management services to the Group. The company's operating segment includes Property development segment; Service, Hotel segment and other segments. It generates maximum revenue from the Property development segment.

Siamese Asset PCL (BKK:SA-R) Headlines

No Headlines