PSP Specialties PCL (BKK:PSP) ROCE % : 20.30% (As of Dec. 2024)

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What is PSP Specialties 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. PSP Specialties PCL's annualized ROCE % for the quarter that ended in Dec. 2024 was 20.30%.

PSP Specialties PCL ROCE % Historical Data

The historical data trend for PSP Specialties 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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PSP Specialties PCL ROCE % Chart

PSP Specialties PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.77

17.62

24.30

20.53

20.13

PSP Specialties PCL Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial														13.31	22.02	24.02	14.29	20.30

PSP Specialties PCL ROCE % Calculation

PSP Specialties PCL's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	929.634	/	( ( (7061.566 - 2474.934)	+	(7136.061 - 2484.501) )	/ 2 )
	=	929.634	/	( (4586.632	+	4651.56)	/ 2 )
	=	929.634	/	4619.096
	=	20.13 %

PSP Specialties PCL's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	937.928	/	( ( (7297.946 - 2708.158)	+	(7136.061 - 2484.501) )	/ 2 )
	=	937.928	/	( ( 4589.788	+	4651.56 )	/ 2 )
	=	937.928	/	4620.674
	=	20.30 %

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

PSP Specialties PCL (BKK:PSP) 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.

PSP Specialties PCL ROCE % Related Terms

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PSP Specialties PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PSP Specialties PCL (BKK:PSP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Boromrachachonanee Road, Arun-Amarin, Bangkoknoi, Bangkok, THA, 10700

Website

https://www.psp.co.th

PSP Specialties PCL is engaged in the manufacturing and sales of lubricants and greases, warehouse service, and hired transport. Its services start from raw material sourcing and product design to manufacturing, packaging, storage, and distribution. The company produces made-to-order products in a timely and efficient manner based on specific customer requirements. Its main products include lubricant oil, grease, and specialty products such as rubber process oil and transformer oil. It conducts business both domestically and abroad such as in Cambodia, Myanmar, Vietnam, Pakistan, Russia, Sri Lanka, China, Indonesia, etc.