JMT Network Services PCL (BKK:JMT) ROCE % : 7.29% (As of Mar. 2024)

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What is JMT Network Services 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. JMT Network Services PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.29%.

JMT Network Services PCL ROCE % Historical Data

The historical data trend for JMT Network Services 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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JMT Network Services PCL ROCE % Chart

JMT Network Services PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.84

16.76

10.98

8.09

8.81

JMT Network Services 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															8.22	9.20	7.85	8.94	7.29

JMT Network Services PCL ROCE % Calculation

JMT Network Services 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 )
	=	2902.791	/	( ( (33861.628 - 4233.465)	+	(42444.447 - 6209.652) )	/ 2 )
	=	2902.791	/	( (29628.163	+	36234.795)	/ 2 )
	=	2902.791	/	32931.479
	=	8.81 %

JMT Network Services 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 )
	=	2663.288	/	( ( (42444.447 - 6209.652)	+	(40613.943 - 3829.309) )	/ 2 )
	=	2663.288	/	( ( 36234.795	+	36784.634 )	/ 2 )
	=	2663.288	/	36509.7145
	=	7.29 %

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

JMT Network Services PCL (BKK:JMT) 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.

JMT Network Services PCL ROCE % Related Terms

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JMT Network Services PCL (BKK:JMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » JMT Network Services PCL (BKK:JMT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramkhamhaeng Road, 187, Jaymart Building, 4th-6th Floor, Rat Phatthana Sub - District, Saphan Sung District, Bangkok, THA, 10240

Website

https://www.jmtnetwork.co.th

JMT Network Services PCL is engaged in debt collection services, purchase of non-performing accounts receivable from financial institutions for debts management and collection, providing finance leasing services, insurance broker services, and consumer lending. The company has three reportable segments which are Debt tracking and collection service, Non-performing accounts receivable management business, and Insurance business. Its Non-performing accounts segment generates maximum revenue for the company. Geographically it operates in Thailand and Cambodia.