Tapaco PCL (BKK:TAPAC) ROCE % : 1.89% (As of Oct. 2023)

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What is Tapaco 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. Tapaco PCL's annualized ROCE % for the quarter that ended in Oct. 2023 was 1.89%.

Tapaco PCL ROCE % Historical Data

The historical data trend for Tapaco 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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Tapaco PCL ROCE % Chart

Tapaco PCL Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

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9.58

-1.68

7.61

20.15

-2.43

Tapaco PCL Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial															-4.84	-3.39	-1.49	-6.65	1.89

Tapaco PCL ROCE % Calculation

Tapaco PCL's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-26.297	/	( ( (2377.075 - 1196.507)	+	(1827.248 - 844.441) )	/ 2 )
	=	-26.297	/	( (1180.568	+	982.807)	/ 2 )
	=	-26.297	/	1081.6875
	=	-2.43 %

Tapaco PCL's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	19.036	/	( ( (1888.276 - 858.309)	+	(1827.248 - 844.441) )	/ 2 )
	=	19.036	/	( ( 1029.967	+	982.807 )	/ 2 )
	=	19.036	/	1006.387
	=	1.89 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2023) EBIT data.

Tapaco PCL (BKK:TAPAC) 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.

Tapaco PCL ROCE % Related Terms

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Tapaco PCL (BKK:TAPAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tapaco PCL (BKK:TAPAC) » Definitions » ROCE %

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Address

789/40 Moo 1, Sub-district Nongkham, District Sriracha, Chonburi, THA, 20230

Website

https://www.tapaco.com

Tapaco PCL is a Thailand-based company. Its operating segments are Manufacturing of plastic parts which include assembling of electrical and electronic products, Manufacturing of mold and related services involves the manufacturing of plastic injection mold and providing repair, maintenance, and modification services for a plastic injection mold, Sales of cosmetic products, and Construction and real estate services.

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