Airports Of Thailand (BKK:AOT-F) ROCE % : 13.54% (As of Sep. 2024)

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What is Airports Of Thailand 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. Airports Of Thailand's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.54%.

Airports Of Thailand ROCE % Historical Data

The historical data trend for Airports Of Thailand'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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Airports Of Thailand ROCE % Chart

Airports Of Thailand Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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3.62

-10.35

-6.23

8.31

15.38

Airports Of Thailand 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															11.73	15.07	18.79	14.66	13.54

Airports Of Thailand ROCE % Calculation

Airports Of Thailand's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	27302.286	/	( ( (195611.091 - 23292.52)	+	(206149.84 - 23362.678) )	/ 2 )
	=	27302.286	/	( (172318.571	+	182787.162)	/ 2 )
	=	27302.286	/	177552.8665
	=	15.38 %

Airports Of Thailand'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 )
	=	24472.884	/	( ( (198540.573 - 19805.577)	+	(206149.84 - 23362.678) )	/ 2 )
	=	24472.884	/	( ( 178734.996	+	182787.162 )	/ 2 )
	=	24472.884	/	180761.079
	=	13.54 %

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

Airports Of Thailand (BKK:AOT-F) 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.

Airports Of Thailand ROCE % Related Terms

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Airports Of Thailand Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Airports Of Thailand PLC (BKK:AOT-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

APTPF:USA AIPUY:USA AIPUF:USA AOT-R:Thailand AOT:Thailand TATD:Singapore TX3A:Germany

Address

No. 333, Cherdwutagard Road, Sikan, Don Mueang, Bangkok, THA, 10210

Website

https://www.airportthai.co.th

Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.

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