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Post and Telecommunication Construction Material JSC (HSTC:PCM) ROC % : 0.00% (As of . 20)


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What is Post and Telecommunication Construction Material JSC ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Post and Telecommunication Construction Material JSC's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-12-13), Post and Telecommunication Construction Material JSC's WACC % is 0.00%. Post and Telecommunication Construction Material JSC's ROC % is 0.00% (calculated using TTM income statement data). Post and Telecommunication Construction Material JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Post and Telecommunication Construction Material JSC ROC % Historical Data

The historical data trend for Post and Telecommunication Construction Material JSC's ROC % 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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Post and Telecommunication Construction Material JSC ROC % Chart

Post and Telecommunication Construction Material JSC Annual Data
Trend
ROC %

Post and Telecommunication Construction Material JSC Semi-Annual Data
ROC %

Post and Telecommunication Construction Material JSC ROC % Calculation

Post and Telecommunication Construction Material JSC's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Post and Telecommunication Construction Material JSC's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) 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.

Post and Telecommunication Construction Material JSC  (HSTC:PCM) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Post and Telecommunication Construction Material JSC's WACC % is 0.00%. Post and Telecommunication Construction Material JSC's ROC % is 0.00% (calculated using TTM income statement data). Post and Telecommunication Construction Material JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Post and Telecommunication Construction Material JSC ROC % Related Terms

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Post and Telecommunication Construction Material JSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Post and Telecommunication Construction Material JSC (HSTC:PCM) » Definitions » ROC %
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 64 Cau Dien Street, Phuc Dien Ward, Bac Tu Liem District, Hanoi, VNM
Website
http://www.pcm.vn
Post and Telecommunication Construction Material JSC specializes in the production of plastic pipes to protect communication cables, concrete poles hanging information cables, copper core communication cables, copper core subscriber wires, subscriber optical cables, equipment design, and construction of post and telecommunications projects. The Company has its core business in manufacturing and trading materials and equipment, and designing and construction of works in post and telecommunication.

Post and Telecommunication Construction Material JSC Headlines

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