United Palm Oil Industry PCL (BKK:UPOIC) ROCE %

: 28.08% (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

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. United Palm Oil Industry PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 28.08%.

United Palm Oil Industry PCL ROCE % Historical Data

The historical data trend for United Palm Oil Industry 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.

United Palm Oil Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

0.33

14.68

26.15

24.59

14.58

United Palm Oil Industry PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																29.65	17.36	5.94	8.20	28.08

United Palm Oil Industry PCL ROCE % Calculation

United Palm Oil Industry 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 )
	=	241.189	/	( ( (1765.193 - 122.839)	+	(1842.727 - 176.819) )	/ 2 )
	=	241.189	/	( (1642.354	+	1665.908)	/ 2 )
	=	241.189	/	1654.131
	=	14.58 %

United Palm Oil Industry 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 )
	=	452.88	/	( ( (1785.886 - 226.273)	+	(1842.727 - 176.819) )	/ 2 )
	=	452.88	/	( ( 1559.613	+	1665.908 )	/ 2 )
	=	452.88	/	1612.7605
	=	28.08 %

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

United Palm Oil Industry PCL (BKK:UPOIC) 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.

United Palm Oil Industry PCL ROCE % Related Terms

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

United Palm Oil Industry PCL (BKK:UPOIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Palm Oil Industry PCL (BKK:UPOIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

64, 1st Floor, Soi Bangna-Trad 25, Bangnanua Sub-District, Bangna District, Bangkok, THA, 10260

Website

http://www.upoic.co.th

United Palm Oil Industry PCL engaged in the manufacture of crude palm oil and palm kernel oil. The company business operations involve 2 principal segments (1) oil palm plantation, crude palm oil and crude palm kernel oil processing (2) generation of electricity from biogases and biomasses. These activities are carried on exclusively in the single geographic area of Thailand.

United Palm Oil Industry PCL (BKK:UPOIC) Headlines

No Headlines