Central Plaza Hotel PCL (BKK:CENTEL) ROCE % : 10.48% (As of Mar. 2024)

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What is Central Plaza Hotel 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. Central Plaza Hotel PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.48%.

Central Plaza Hotel PCL ROCE % Historical Data

The historical data trend for Central Plaza Hotel 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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Central Plaza Hotel PCL ROCE % Chart

Central Plaza Hotel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.19

-10.65

-3.36

3.37

6.69

Central Plaza Hotel PCL Quarterly Data
	Jun19	Sep19	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															9.46	4.06	3.40	8.08	10.48

Central Plaza Hotel PCL ROCE % Calculation

Central Plaza Hotel 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 )
	=	2697.664	/	( ( (48165.592 - 11167.039)	+	(54203.613 - 10594.466) )	/ 2 )
	=	2697.664	/	( (36998.553	+	43609.147)	/ 2 )
	=	2697.664	/	40303.85
	=	6.69 %

Central Plaza Hotel 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 )
	=	4648.964	/	( ( (54203.613 - 10594.466)	+	(54465.345 - 9376.066) )	/ 2 )
	=	4648.964	/	( ( 43609.147	+	45089.279 )	/ 2 )
	=	4648.964	/	44349.213
	=	10.48 %

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

Central Plaza Hotel PCL (BKK:CENTEL) 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.

Central Plaza Hotel PCL ROCE % Related Terms

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Central Plaza Hotel PCL (BKK:CENTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Central Plaza Hotel PCL (BKK:CENTEL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

999/99 Rama 1 Road, 25th Floor, Centara Grand at CentralWorld, Pathumwan, Bangkok, THA, 10330

Website

https://www.centarahotelsresorts.com

Central Plaza Hotel PCL is a resorts and casino company that is primarily engaged in hotel operations. The company has two primary business segments: Hotel and Related Service Operation and Food and Ice-Cream Operations. The Hotel and Related Service Operation segment manages a variety of hotels and resorts. The Food and Ice-Cream Operations segment manages fast food and quick-service restaurants. The business is a franchisee of major fast food restaurant chains. The company earns the vast majority of its revenue in Thailand.

Central Plaza Hotel PCL (BKK:CENTEL) Headlines

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