Siam Technic Concrete PCL (BKK:STECH) ROCE % : 8.90% (As of Dec. 2024)

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What is Siam Technic Concrete 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 Technic Concrete PCL's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.90%.

Siam Technic Concrete PCL ROCE % Historical Data

The historical data trend for Siam Technic Concrete 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 Technic Concrete PCL ROCE % Chart

Siam Technic Concrete PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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17.99

9.81

9.14

11.22

11.16

Siam Technic Concrete PCL Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															11.95	12.94	11.37	11.07	8.90

Siam Technic Concrete PCL ROCE % Calculation

Siam Technic Concrete 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 )
	=	212.894	/	( ( (3028.334 - 1325.361)	+	(3201.658 - 1087.701) )	/ 2 )
	=	212.894	/	( (1702.973	+	2113.957)	/ 2 )
	=	212.894	/	1908.465
	=	11.16 %

Siam Technic Concrete 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 )
	=	187.324	/	( ( (3380.195 - 1286.754)	+	(3201.658 - 1087.701) )	/ 2 )
	=	187.324	/	( ( 2093.441	+	2113.957 )	/ 2 )
	=	187.324	/	2103.699
	=	8.90 %

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

Siam Technic Concrete PCL (BKK:STECH) 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 Technic Concrete PCL ROCE % Related Terms

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Siam Technic Concrete PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Siam Technic Concrete PCL (BKK:STECH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

STECH-R:Thailand

Address

Ngamwongwan Road, No. 50 Soi Ngam Wong Wan 47, Intersection 20, Thungsonghong Sub-district, Laksi District, Bangkok, THA, 10210

Website

https://www.stec.co.th

Siam Technic Concrete PCL is engaged in the manufacture of prestressed concrete products and construction contractor service. The firm has two reportable segments namely Sale of goods and services and Construction. The company generates the majority of its revenue from the Sale of goods and service segments.

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