Glory Forever PCL (BKK:GLORY) ROCE % : -1.82% (As of Sep. 2024)

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What is Glory Forever 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. Glory Forever PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.82%.

Glory Forever PCL ROCE % Historical Data

The historical data trend for Glory Forever 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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Glory Forever PCL ROCE % Chart

Glory Forever PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

125.45

29.50

9.72

12.45

-9.15

Glory Forever PCL Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial											-13.59	-11.09	-3.96	-4.67	-1.82

Glory Forever PCL ROCE % Calculation

Glory Forever 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 )
	=	-27.043	/	( ( (355.584 - 35.04)	+	(294.909 - 24.32) )	/ 2 )
	=	-27.043	/	( (320.544	+	270.589)	/ 2 )
	=	-27.043	/	295.5665
	=	-9.15 %

Glory Forever PCL'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 )
	=	-4.736	/	( ( (287.626 - 25.542)	+	(289.756 - 30.571) )	/ 2 )
	=	-4.736	/	( ( 262.084	+	259.185 )	/ 2 )
	=	-4.736	/	260.6345
	=	-1.82 %

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

Glory Forever PCL (BKK:GLORY) 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.

Glory Forever PCL ROCE % Related Terms

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Glory Forever PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Glory Forever PCL (BKK:GLORY) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

20 Moo 6, Phanthainorasing Subdistrict, Mueang Samut Sakhon District, Samut Sakhon, THA, 74000

Website

https://www.kawebook.com

Glory Forever PCL is engaged in e-commerce, i.e. trading of products of services conducted over the internet, and online distributor of literature, including novels, comics, and online books. The main distribution channel is through the website Kawebook.com and the Kawebook application. The Group is organized into business units based on its products and services and has three reportable segments namely the E-commerce segment, i.e. trading of products or services conducted over the internet, the Residential segment, and the Sales segment.

Glory Forever PCL Headlines

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