Bluebik Group PCL (BKK:BBIK) ROCE % : 15.75% (As of Mar. 2024)

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What is Bluebik Group 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. Bluebik Group PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.75%.

Bluebik Group PCL ROCE % Historical Data

The historical data trend for Bluebik Group 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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Bluebik Group PCL ROCE % Chart

Bluebik Group PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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85.66

57.18

23.73

24.68

24.57

Bluebik Group PCL Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															20.84	18.64	17.53	19.09	15.75

Bluebik Group PCL ROCE % Calculation

Bluebik Group 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 )
	=	342.098	/	( ( (805.854 - 149.677)	+	(2436.526 - 307.473) )	/ 2 )
	=	342.098	/	( (656.177	+	2129.053)	/ 2 )
	=	342.098	/	1392.615
	=	24.57 %

Bluebik Group PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	322.92	/	( ( (2436.526 - 307.473)	+	(2218.731 - 247.875) )	/ 2 )
	=	322.92	/	( ( 2129.053	+	1970.856 )	/ 2 )
	=	322.92	/	2049.9545
	=	15.75 %

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

Bluebik Group PCL (BKK:BBIK) 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.

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Bluebik Group PCL (BKK:BBIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bluebik Group PCL (BKK:BBIK) » Definitions » ROCE %

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Address

51, Naradhiwas Rajanagarindra Road, Silom Sub-district, Bangrak District, Bangkok, THA, 10500

Website

https://www.bluebik.com

Bluebik Group PCL is principally engaged in service provider for software design and development, management strategies consulting, strategic project management office (PMO), Big data implementation and data analytics The company's segments include Management Consulting, Digital Excellence and Delivery, Strategic Project Management Office, and Big Data and Advanced Analytics. Geographically, it operates only in Thailand.

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