GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Diamond Building Products PCL (BKK:DRT-F) » Definitions » ROCE %

Diamond Building Products PCL (BKK:DRT-F) ROCE % : 34.01% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Diamond Building Products 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. Diamond Building Products PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 34.01%.


Diamond Building Products PCL ROCE % Historical Data

The historical data trend for Diamond Building Products 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.

Diamond Building Products PCL ROCE % Chart

Diamond Building Products PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.44 29.02 30.68 29.89 27.97

Diamond Building Products 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.52 29.47 30.94 18.94 34.01

Diamond Building Products PCL ROCE % Calculation

Diamond Building Products 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 )
=779.406/( ( (3740.611 - 1078.521) + (3776.697 - 865.785) )/ 2 )
=779.406/( (2662.09+2910.912)/ 2 )
=779.406/2786.501
=27.97 %

Diamond Building Products 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 )
=1018.648/( ( (3776.697 - 865.785) + (3907.427 - 828.439) )/ 2 )
=1018.648/( ( 2910.912 + 3078.988 )/ 2 )
=1018.648/2994.95
=34.01 %

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

* 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.


Diamond Building Products PCL  (BKK:DRT-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.


Diamond Building Products PCL ROCE % Related Terms

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


Diamond Building Products PCL (BKK:DRT-F) Business Description

Traded in Other Exchanges
Address
69 - 70 Moo 1, Mitraphab Road Kilometer 115, Thambol Talingchan, Amphur Muang, Saraburi, THA, 18000
Diamond Building Products PCL is a manufacturer and distributor of roof tiles, artificial woods, and autoclaved aerated concrete. Geographically the operations of the firm functioned throughout Thailand and overseas; generating a vast majority of the revenues from Thailand.

Diamond Building Products PCL (BKK:DRT-F) Headlines

No Headlines