Aboitiz Power (Aboitiz Power) ROCE % : 12.73% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Aboitiz Power 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. Aboitiz Power's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.73%.

Aboitiz Power ROCE % Historical Data

The historical data trend for Aboitiz Power'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.

Aboitiz Power ROCE % Chart

Aboitiz Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.60

9.97

10.72

12.02

13.92

Aboitiz Power 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															12.99	13.41	16.86	14.03	12.73

Aboitiz Power ROCE % Calculation

Aboitiz Power'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 )
	=	995.657	/	( ( (8275.136 - 1292.607)	+	(8442.373 - 1120.415) )	/ 2 )
	=	995.657	/	( (6982.529	+	7321.958)	/ 2 )
	=	995.657	/	7152.2435
	=	13.92 %

Aboitiz Power'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 )
	=	917.88	/	( ( (8365.675 - 1269.495)	+	(8442.373 - 1120.415) )	/ 2 )
	=	917.88	/	( ( 7096.18	+	7321.958 )	/ 2 )
	=	917.88	/	7209.069
	=	12.73 %

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

Aboitiz Power (OTCPK:ABZPY) 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.

Aboitiz Power ROCE % Related Terms

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

Aboitiz Power (Aboitiz Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Aboitiz Power Corp (OTCPK:ABZPY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ABZPF:USA AP:Philippines

Address

NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634

Website

https://www.aboitizpower.com

Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.