Firstec Co (XKRX:010820) ROCE % : 15.37% (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Firstec 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. Firstec Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.37%.

Firstec Co ROCE % Historical Data

The historical data trend for Firstec 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.

* Premium members only.

Firstec Co ROCE % Chart

Firstec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-14.08

10.92

10.71

5.94

3.30

Firstec Co 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															35.14	-0.33	3.48	-0.58	15.37

Firstec Co ROCE % Calculation

Firstec Co'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 )
	=	3054.119	/	( ( (211309.948 - 119575.891)	+	(265075.748 - 171944.625) )	/ 2 )
	=	3054.119	/	( (91734.057	+	93131.123)	/ 2 )
	=	3054.119	/	92432.59
	=	3.30 %

Firstec Co'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 )
	=	14209.932	/	( ( (272024.363 - 180284.963)	+	(265075.748 - 171944.625) )	/ 2 )
	=	14209.932	/	( ( 91739.4	+	93131.123 )	/ 2 )
	=	14209.932	/	92435.2615
	=	15.37 %

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

Firstec Co (XKRX:010820) 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.

Firstec Co ROCE % Related Terms

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

Firstec Co (XKRX:010820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Firstec Co Ltd (XKRX:010820) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

485, Nammyeon-ro, Seongsan-gu, Gyeongsangnam-do, Changwon-si, KOR, 135-090

Website

http://www.firsteccom.co.kr

Firstec Co Ltd is a Korea based company engaged in the business of manufacturing of weapons and gun shells. It offers products for aerospace, guided weapons, ground weapons, maritime weapons and unmanned systems. The products offered by the organization are environmental control system, actuation system, guidance control system, fire control system, instrument panels, cables, slip ring, gear box, radar components, safety firing assembly, mine layer, navigation device, UAV and others.

Firstec Co (XKRX:010820) Headlines

No Headlines