Siam East Solutions PCL (BKK:SE) ROCE % : 7.78% (As of Jun. 2024)

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What is Siam East Solutions 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. Siam East Solutions PCL's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.78%.

Siam East Solutions PCL ROCE % Historical Data

The historical data trend for Siam East Solutions 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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Siam East Solutions PCL ROCE % Chart

Siam East Solutions PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.69

20.87

11.43

20.10

16.53

Siam East Solutions PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															17.09	19.34	18.28	6.31	7.78

Siam East Solutions PCL ROCE % Calculation

Siam East Solutions 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 )
	=	75.913	/	( ( (557.127 - 110.077)	+	(566.306 - 95.062) )	/ 2 )
	=	75.913	/	( (447.05	+	471.244)	/ 2 )
	=	75.913	/	459.147
	=	16.53 %

Siam East Solutions PCL's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	36.764	/	( ( (564.877 - 87.679)	+	(538.433 - 70.828) )	/ 2 )
	=	36.764	/	( ( 477.198	+	467.605 )	/ 2 )
	=	36.764	/	472.4015
	=	7.78 %

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

Siam East Solutions PCL (BKK:SE) 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.

Siam East Solutions PCL ROCE % Related Terms

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Siam East Solutions PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Siam East Solutions PCL (BKK:SE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15/1, Rayong Highway No. 3191, Huai Pong Sub-district, Mueang Rayong District, Rayong Province, Rayong, THA, 21150

Website

https://www.siameastsolutions.com

Siam East Solutions PCL is engaged in the supply and distribution of industrial equipment. The company's segments include Pumping System Techem Technology Division; Process and Piping Solution Division; Innovative Material Division and Service Business. It generates maximum revenue from the Process and Piping Solution Division segment.