Pranda Jewelry PCL (BKK:PDJ) ROCE % : 3.02% (As of Mar. 2024)

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What is Pranda Jewelry 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. Pranda Jewelry PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.02%.

Pranda Jewelry PCL ROCE % Historical Data

The historical data trend for Pranda Jewelry 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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Pranda Jewelry PCL ROCE % Chart

Pranda Jewelry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-7.50

-4.23

8.80

8.57

3.85

Pranda Jewelry 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															1.61	-1.88	4.49	13.65	3.02

Pranda Jewelry PCL ROCE % Calculation

Pranda Jewelry 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 )
	=	101.835	/	( ( (3582.751 - 937.323)	+	(3743.683 - 1104.031) )	/ 2 )
	=	101.835	/	( (2645.428	+	2639.652)	/ 2 )
	=	101.835	/	2642.54
	=	3.85 %

Pranda Jewelry 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 )
	=	79.116	/	( ( (3743.683 - 1104.031)	+	(3824.118 - 1227.451) )	/ 2 )
	=	79.116	/	( ( 2639.652	+	2596.667 )	/ 2 )
	=	79.116	/	2618.1595
	=	3.02 %

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

Pranda Jewelry PCL (BKK:PDJ) 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.

Pranda Jewelry PCL ROCE % Related Terms

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Pranda Jewelry PCL (BKK:PDJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pranda Jewelry PCL (BKK:PDJ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Soi Bangna-Trad 28, Bangna Tai Subdistrict, Bangna District, Bangkok, THA, 10260

Website

https://www.pranda.com

Pranda Jewelry PCL is principally engaged in the manufacturing and distribution of jewelry. The company operates in various business segments that include Production of jewelry, Distribution of Jewelry, and Retail Jewelry. The Production of jewelry segment generates maximum revenue for the company. The company exports its products to USA, Germany, and Others. The company's products consist of gold jewelry, silver jewelry, and costume jewelry products distributed under the brand names of Prima Gold, Prima Diamond, Prima Art, Gringoire, Gemondo, Merii, Ariva, and Esse.