A J Plast PCL (BKK:AJ) ROCE % : -4.35% (As of Sep. 2024)

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What is A J Plast PCL 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. A J Plast PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.35%.

A J Plast PCL ROCE % Historical Data

The historical data trend for A J Plast PCL'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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A J Plast PCL ROCE % Chart

A J Plast PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.73

10.29

7.32

1.26

-3.84

A J Plast PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-3.53	1.79	2.63	-1.55	-4.35

A J Plast PCL ROCE % Calculation

A J Plast PCL'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 )
	=	-333.008	/	( ( (13218.722 - 4369.964)	+	(14298.257 - 5793.243) )	/ 2 )
	=	-333.008	/	( (8848.758	+	8505.014)	/ 2 )
	=	-333.008	/	8676.886
	=	-3.84 %

A J Plast PCL's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-439.516	/	( ( (15056.999 - 4911.12)	+	(14804.53 - 4740.386) )	/ 2 )
	=	-439.516	/	( ( 10145.879	+	10064.144 )	/ 2 )
	=	-439.516	/	10105.0115
	=	-4.35 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

A J Plast PCL (BKK:AJ) 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.

A J Plast PCL ROCE % Related Terms

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A J Plast PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » A J Plast PCL (BKK:AJ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

95, Thakarm Road, Kwaeng Samaedam, Khet Bangkhuntien, Bangkok, THA, 10150

Website

https://www.ajplast.co.th

A J Plast PCL is a company engaged in the manufacture and sale of plastic films, both locally and exporting to foreign countries. The firm operates in one industry segment which is Packaging. Its product portfolio includes Biaxially Oriented Polypropylene Film (BOPP film), Biaxially Oriented Polyamide Film (BOPA film), Cast Polypropylene Film (CPP Film), Biaxially Oriented Polyester Film (BOPET film), biaxially oriented Poly-Lactic-Acid the (BOPLA film), and metallized film applications.

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