Pacific Pipe PCL (BKK:PAP) ROCE % : -29.86% (As of Sep. 2024)

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What is Pacific Pipe 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. Pacific Pipe PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was -29.86%.

Pacific Pipe PCL ROCE % Historical Data

The historical data trend for Pacific Pipe 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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Pacific Pipe PCL ROCE % Chart

Pacific Pipe PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.70

11.05

25.33

-10.87

-0.03

Pacific Pipe 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															-2.69	-9.91	0.83	-2.83	-29.86

Pacific Pipe PCL ROCE % Calculation

Pacific Pipe 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 )
	=	-0.749	/	( ( (4215.594 - 2015.936)	+	(3918.185 - 1750.126) )	/ 2 )
	=	-0.749	/	( (2199.658	+	2168.059)	/ 2 )
	=	-0.749	/	2183.8585
	=	-0.03 %

Pacific Pipe 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 )
	=	-610.252	/	( ( (4006.309 - 1877.784)	+	(3825.776 - 1866.934) )	/ 2 )
	=	-610.252	/	( ( 2128.525	+	1958.842 )	/ 2 )
	=	-610.252	/	2043.6835
	=	-29.86 %

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

Pacific Pipe PCL (BKK:PAP) 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.

Pacific Pipe PCL ROCE % Related Terms

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Pacific Pipe PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pacific Pipe PCL (BKK:PAP) » Definitions » ROCE %

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PAP-R:Thailand

Address

No. 298, 298/2 Soi Klabcharoen, Suksawat Road, Pakklongbangplakod, Phrasamutjedi, Samutprakarn, THA, 10290

Website

https://www.pacificpipe.co.th

Pacific Pipe PCL is engaged in manufacturing and distributing steel pipes for construction work. The one reportable operating segment of the company is the manufacture and distribution of steel pipes, structural steel and contract of steel productions for construction work and the single geographical area of its operations is Thailand.

Pacific Pipe PCL Headlines

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