MFEC PCL (BKK:MFEC) ROCE % : 16.72% (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is MFEC 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. MFEC PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.72%.

MFEC PCL ROCE % Historical Data

The historical data trend for MFEC 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.

MFEC PCL ROCE % Chart

MFEC PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.76

15.13

15.26

12.43

29.80

MFEC PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															9.19	-3.06	9.62	13.90	16.72

MFEC PCL ROCE % Calculation

MFEC 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 )
	=	785.75	/	( ( (6276.042 - 3952.669)	+	(7382.074 - 4431.248) )	/ 2 )
	=	785.75	/	( (2323.373	+	2950.826)	/ 2 )
	=	785.75	/	2637.0995
	=	29.80 %

MFEC 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 )
	=	495.636	/	( ( (6734.41 - 3790.42)	+	(6189.658 - 3205.666) )	/ 2 )
	=	495.636	/	( ( 2943.99	+	2983.992 )	/ 2 )
	=	495.636	/	2963.991
	=	16.72 %

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

MFEC PCL (BKK:MFEC) 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.

MFEC PCL ROCE % Related Terms

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

MFEC PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MFEC PCL (BKK:MFEC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MFEC-R:Thailand

Address

Vibhavadi Rangsit Road, 349 SJ Infinite One Business Complex, Chompol, Chatujak, Bangkok, THA, 10900

Website

https://www.mfec.co.th

MFEC PCL is involved in the sales of computers, computer systems, system implementation, maintenance service program development, and provision of related services. The firm operates in segments, which are IT Professional Services, System Integration, and Maintenance Services and Cloud computing service. Systems Integration involves the process of design, procurement, and implementation of computer systems and IT infrastructures. The majority of revenue is generated from Maintenance services. Maintenance services include telephone support through help-desk and hotline numbers, remote diagnosis, onsite standby, and troubleshooting.

MFEC PCL Headlines

No Headlines