GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IEI Integration Corp (TPE:3022) » Definitions » ROCE %

IEI Integration (TPE:3022) ROCE % : 4.66% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is IEI Integration 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. IEI Integration's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.66%.


IEI Integration ROCE % Historical Data

The historical data trend for IEI Integration'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.

IEI Integration ROCE % Chart

IEI Integration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.31 15.67 11.89 19.86 16.46

IEI Integration 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.04 17.82 20.46 23.16 4.66

IEI Integration ROCE % Calculation

IEI Integration'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 )
=1759.153/( ( (13373.581 - 3152.699) + (14322.311 - 3167.907) )/ 2 )
=1759.153/( (10220.882+11154.404)/ 2 )
=1759.153/10687.643
=16.46 %

IEI Integration'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 )
=517.9/( ( (14274.82 - 3215.975) + (14322.311 - 3167.907) )/ 2 )
=517.9/( ( 11058.845 + 11154.404 )/ 2 )
=517.9/11106.6245
=4.66 %

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

* 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.


IEI Integration  (TPE:3022) 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.


IEI Integration ROCE % Related Terms

Thank you for viewing the detailed overview of IEI Integration's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


IEI Integration (TPE:3022) Business Description

Traded in Other Exchanges
N/A
Address
3rd floor, Number 29, Zhongxing Road, Xizhi District, New Taipei City, TWN, 221
IEI Integration Corp is a Taiwan-based manufacturer of components for use in computer-based applications such as manufacturing automation, telephony integration, security, defense, transportation, and the Internet of Things. The company also offers digital solutions to smart cities, smart building automation, home automation, car park management systems, office automation, security and surveillance, and remote diagnostics. IEI collaborates with large technology companies to offer intelligent systems that are compatible with different operating systems. The firm has operations in the United States and China, Asia, Domestic and others.

IEI Integration (TPE:3022) Headlines

No Headlines