AP (Thailand) PCL (BKK:AP) ROCE % : 10.19% (As of Dec. 2024)

View and export this data going back to 1992. Start your Free Trial

What is AP (Thailand) 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. AP (Thailand) PCL's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.19%.

AP (Thailand) PCL ROCE % Historical Data

The historical data trend for AP (Thailand) 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.

* Premium members only.

AP (Thailand) PCL ROCE % Chart

AP (Thailand) PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

12.01

12.03

14.24

13.12

10.58

AP (Thailand) PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															10.64	8.55	11.19	12.26	10.19

AP (Thailand) PCL ROCE % Calculation

AP (Thailand) PCL's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	6816.106	/	( ( (83943.677 - 21329.135)	+	(84893.117 - 18608.379) )	/ 2 )
	=	6816.106	/	( (62614.542	+	66284.738)	/ 2 )
	=	6816.106	/	64449.64
	=	10.58 %

AP (Thailand) PCL's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	6703.392	/	( ( (83837.219 - 18509.2)	+	(84893.117 - 18608.379) )	/ 2 )
	=	6703.392	/	( ( 65328.019	+	66284.738 )	/ 2 )
	=	6703.392	/	65806.3785
	=	10.19 %

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

AP (Thailand) PCL (BKK:AP) 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.

AP (Thailand) PCL ROCE % Related Terms

Thank you for viewing the detailed overview of AP (Thailand) PCL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

AP (Thailand) PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AP (Thailand) PCL (BKK:AP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AP-R:Thailand AP-F:Thailand

Address

New Rajadapisek Road, No. 170/57, 18th Floor, Ocean Tower I Building, Klongtoey sub district, Klongtoey district, Bangkok, THA, 10110

Website

https://www.apthai.com

AP (Thailand) PCL and its subsidiaries operate in property development with a focus on residential projects including townhouses, single-detached houses, and condominiums. The company derives the vast majority of its income from property sales. AP's projects are mainly in central business districts and residential areas with easy access to public transportation in Bangkok. In addition, AP operates subsidiaries that provide property-related services, namely Smart Service and Management, which provides property management services, and Bangkok CitiSmart, which provides property brokerage services.