Pinthong Industrial Park Property Fund (BKK:PPF-F) ROCE % : 7.52% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Pinthong Industrial Park Property Fund 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. Pinthong Industrial Park Property Fund's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.52%.

Pinthong Industrial Park Property Fund ROCE % Historical Data

The historical data trend for Pinthong Industrial Park Property Fund'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.

Pinthong Industrial Park Property Fund ROCE % Chart

Pinthong Industrial Park Property Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.70

7.14

6.92

6.77

6.82

Pinthong Industrial Park Property Fund 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															6.70	6.60	7.05	7.06	7.52

Pinthong Industrial Park Property Fund ROCE % Calculation

Pinthong Industrial Park Property Fund'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 )
	=	168.359	/	( ( (2503.497 - 53.114)	+	(2548.901 - 61.949) )	/ 2 )
	=	168.359	/	( (2450.383	+	2486.952)	/ 2 )
	=	168.359	/	2468.6675
	=	6.82 %

Pinthong Industrial Park Property Fund'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 )
	=	187.208	/	( ( (2548.901 - 61.949)	+	(2553.537 - 63.894) )	/ 2 )
	=	187.208	/	( ( 2486.952	+	2489.643 )	/ 2 )
	=	187.208	/	2488.2975
	=	7.52 %

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

Pinthong Industrial Park Property Fund (BKK:PPF-F) 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.

Pinthong Industrial Park Property Fund ROCE % Related Terms

Thank you for viewing the detailed overview of Pinthong Industrial Park Property Fund's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Pinthong Industrial Park Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Pinthong Industrial Park Property Fund (BKK:PPF-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Ratchadapisek Road, 7-8th Floor, SCB Park Plaza 1, Chatuchak, Bangkok, THA, 10900

Website

https://www.scbam.com

Pinthong Industrial Park Property Fund is a closed-end property fund engaged in purchasing and/or leasing specific properties. It invests in three industrial estates namely Pinthong Industrial Estate, Pinthong Industrial Estate (Laem Chabang), and Pinthong Industrial Estate. The Fund is engaged in the the rental of immovable properties. It has its geographic presence in Thailand.

Pinthong Industrial Park Property Fund Headlines

No Headlines