PTT Exploration & Production PCL (BKK:PTTEP-F) ROCE % : 15.16% (As of Sep. 2024)

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What is PTT Exploration & Production 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. PTT Exploration & Production PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.16%.

PTT Exploration & Production PCL ROCE % Historical Data

The historical data trend for PTT Exploration & Production 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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PTT Exploration & Production PCL ROCE % Chart

PTT Exploration & Production PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.26

8.03

13.38

21.11

19.20

PTT Exploration & Production 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															18.61	17.51	17.24	18.89	15.16

PTT Exploration & Production PCL ROCE % Calculation

PTT Exploration & Production 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 )
	=	150651.625	/	( ( (869864.323 - 114615.949)	+	(902820.926 - 88590.364) )	/ 2 )
	=	150651.625	/	( (755248.374	+	814230.562)	/ 2 )
	=	150651.625	/	784739.468
	=	19.20 %

PTT Exploration & Production 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 )
	=	128241.168	/	( ( (1000336.893 - 100067.869)	+	(881845.732 - 90464.612) )	/ 2 )
	=	128241.168	/	( ( 900269.024	+	791381.12 )	/ 2 )
	=	128241.168	/	845825.072
	=	15.16 %

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

PTT Exploration & Production PCL (BKK:PTTEP-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.

PTT Exploration & Production PCL ROCE % Related Terms

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PTT Exploration & Production PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PTT Exploration & Production PCL (BKK:PTTEP-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PEXNY:USA PTTEP:Thailand TPED:Singapore NVAL:Germany

Address

Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 19th-36th Floor, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttep.com

PTT Exploration & Production PCL operates oil and gas production, development, and exploration projects globally. Projects are composed of both onshore and offshore operations and are sometimes underpinned by partnerships with other producers. Traditionally, natural gas has been the majority revenue generator for the group, however, sales have also been generated from crude oil, liquefied petroleum gas, condensate and bitumen. Alongside exploration and production activities, the company also engages in technology services, gas transmission, and other businesses through subsidiaries.

PTT Exploration & Production PCL Headlines

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