PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) ROCE %

: 11.32% (As of Sep. 2023)

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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. PT Astrindo Nusantara Infrastruktur Tbk's annualized ROCE % for the quarter that ended in Sep. 2023 was 11.32%.

PT Astrindo Nusantara Infrastruktur Tbk ROCE % Historical Data

The historical data trend for PT Astrindo Nusantara Infrastruktur Tbk'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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PT Astrindo Nusantara Infrastruktur Tbk Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

17.37

11.49

10.57

11.87

11.74

PT Astrindo Nusantara Infrastruktur Tbk Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %																17.01	-11.91	14.58	18.00	11.32

PT Astrindo Nusantara Infrastruktur Tbk ROCE % Calculation

PT Astrindo Nusantara Infrastruktur Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	1043359.389	/	( ( (13602636.911 - 6078836.22)	+	(17780448.554 - 7534431.253) )	/ 2 )
	=	1043359.389	/	( (7523800.691	+	10246017.301)	/ 2 )
	=	1043359.389	/	8884908.996
	=	11.74 %

PT Astrindo Nusantara Infrastruktur Tbk's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	2039060.304	/	( ( (27874451.739 - 10112514.707)	+	(29060987.671 - 10790319.851) )	/ 2 )
	=	2039060.304	/	( ( 17761937.032	+	18270667.82 )	/ 2 )
	=	2039060.304	/	18016302.426
	=	11.32 %

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

PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) 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.

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PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Mega Kuningan Barat III Lot. 10.1-6, Sopo Del Office Tower B, 21st Floor, South Jakarta, Jakarta, IDN, 12950

Website

https://www.astrindonusantara.com

PT Astrindo Nusantara Infrastruktur Tbk is an Indonesia-based integrated infrastructure company engaged in energy and natural resources. The Company runs business activities in the development of coal network infrastructure projects, including coal crusher, Coal Preparation Plant (CPP), and Overland Conveyor (OLC), as well as produces integrated coal distribution services. It also produces coal mining products. The group has two business segments namely Port services and Mining and other services. It generates maximum revenue from the Port services segment.

PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Headlines

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