PT Kirana Megatara Tbk (ISX:KMTR) ROCE % : 7.23% (As of Dec. 2023)

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What is PT Kirana Megatara Tbk 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. PT Kirana Megatara Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.23%.

PT Kirana Megatara Tbk ROCE % Historical Data

The historical data trend for PT Kirana Megatara 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 Kirana Megatara Tbk ROCE % Chart

PT Kirana Megatara Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.35

12.23

5.47

2.10

3.64

PT Kirana Megatara Tbk 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															-0.81	9.02	0.45	-3.83	7.23

PT Kirana Megatara Tbk ROCE % Calculation

PT Kirana Megatara Tbk'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 )
	=	117890.383	/	( ( (4798796.482 - 324525.728)	+	(4582841.789 - 2581324.361) )	/ 2 )
	=	117890.383	/	( (4474270.754	+	2001517.428)	/ 2 )
	=	117890.383	/	3237894.091
	=	3.64 %

PT Kirana Megatara Tbk'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 )
	=	218403.016	/	( ( (4268522.636 - 226801.524)	+	(4582841.789 - 2581324.361) )	/ 2 )
	=	218403.016	/	( ( 4041721.112	+	2001517.428 )	/ 2 )
	=	218403.016	/	3021619.27
	=	7.23 %

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

PT Kirana Megatara Tbk (ISX:KMTR) 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.

PT Kirana Megatara Tbk ROCE % Related Terms

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PT Kirana Megatara Tbk (ISX:KMTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Kirana Megatara Tbk (ISX:KMTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dr. Ide Anak Agung Gde Agung, (Lingkar Mega Kuningan) Kav E.3.2 No. 1, Menara The East 21st Floor, Jakarta, Selatan, IDN, 12950

Website

https://www.kiranamegatara.com

PT Kirana Megatara Tbk is a producer of crumb rubber in Indonesia. It is engaged in the production and sales of crumb rubber of the type SIR-10, SIR-20, and SIR-20VK, to fulfill the demand of international and domestic tire industries. The company exports its products to Apollo, Bridgestone, Continental, Cooper Tires, Fate, Good Year, Gajah Tunggal, Hankook, Kumho Tyres, Michelin, Nexen, Pirelli, Sumitomo, Toyo Tires, and Yokohama Rubber. The company has operating segments into two groups: crumb rubber factory and agro business.

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