Sunsweet PCL (BKK:SUN) ROCE % : 39.68% (As of Dec. 2023)

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What is Sunsweet 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. Sunsweet PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 39.68%.

Sunsweet PCL ROCE % Historical Data

The historical data trend for Sunsweet 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.

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Sunsweet PCL ROCE % Chart

Sunsweet PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.98

21.92

21.74

12.78

30.63

Sunsweet 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															16.05	34.27	20.69	27.33	39.68

Sunsweet PCL ROCE % Calculation

Sunsweet 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 )
	=	411.16	/	( ( (1510.946 - 304.13)	+	(1978.157 - 500.463) )	/ 2 )
	=	411.16	/	( (1206.816	+	1477.694)	/ 2 )
	=	411.16	/	1342.255
	=	30.63 %

Sunsweet 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 )
	=	563.004	/	( ( (1928.576 - 568.275)	+	(1978.157 - 500.463) )	/ 2 )
	=	563.004	/	( ( 1360.301	+	1477.694 )	/ 2 )
	=	563.004	/	1418.9975
	=	39.68 %

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

Sunsweet PCL (BKK:SUN) 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.

Sunsweet PCL ROCE % Related Terms

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Sunsweet PCL (BKK:SUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sunsweet PCL (BKK:SUN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 9 Moo 1, Thung Satok Sub-district, Sanpatong district, Chiang Mai, THA, 50120

Website

http://www.sunsweetthai.com

Sunsweet PCL is a Thailand-based company engaged in the production and distribution of processed sweet corn products. The company manufactures and supplies agricultural products including fresh and processed of fruits and vegetables. It offers various products such as canned sweet corn, ready-to-eat pouch corn, and frozen sweet corn. The company's other processed agricultural products consist of onions, tapioca, canned pineapple, corn oil, sunflower oil, tomato sauce, and others. The company operates in two reportable segments Sales of goods in domestic segment and Export of goods to overseas segment. The majority of revenue is derived from the Export of goods to overseas segment.