Pacific Construction Co (TPE:2506) ROCE % : 6.35% (As of Sep. 2023)

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What is Pacific Construction Co 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. Pacific Construction Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 6.35%.

Pacific Construction Co ROCE % Historical Data

The historical data trend for Pacific Construction Co'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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Pacific Construction Co ROCE % Chart

Pacific Construction Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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4.26

1.02

1.94

3.18

9.28

Pacific Construction Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															3.95	-6.05	3.78	-1.21	6.35

Pacific Construction Co ROCE % Calculation

Pacific Construction Co'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 )
	=	920.588	/	( ( (14056.259 - 4373.509)	+	(13986.009 - 3835.177) )	/ 2 )
	=	920.588	/	( (9682.75	+	10150.832)	/ 2 )
	=	920.588	/	9916.791
	=	9.28 %

Pacific Construction Co'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 )
	=	645.68	/	( ( (14052.389 - 3903.451)	+	(14162.141 - 3986.844) )	/ 2 )
	=	645.68	/	( ( 10148.938	+	10175.297 )	/ 2 )
	=	645.68	/	10162.1175
	=	6.35 %

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

Pacific Construction Co (TPE:2506) 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.

Pacific Construction Co ROCE % Related Terms

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Pacific Construction Co (TPE:2506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pacific Construction Co Ltd (TPE:2506) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 495, Guangfu South Road, Xinyi District, Taipei, TWN, 110

Website

https://www.pacific-group.com.tw

Pacific Construction Co Ltd is engaged in the development and construction of real estate properties. The company's operating segment includes Construction; Leasing and Property Management. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.

Pacific Construction Co (TPE:2506) Headlines

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