Thaicom PCL (BKK:THCOM) ROCE % : 11.06% (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Thaicom 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. Thaicom PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.06%.

Thaicom PCL ROCE % Historical Data

The historical data trend for Thaicom 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.

* Premium members only.

Thaicom PCL ROCE % Chart

Thaicom PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-9.55

5.70

2.86

2.38

4.82

Thaicom PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.18	15.96	5.70	-7.93	11.06

Thaicom PCL ROCE % Calculation

Thaicom 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 )
	=	619.241	/	( ( (14850.208 - 1866.832)	+	(14162.49 - 1441.196) )	/ 2 )
	=	619.241	/	( (12983.376	+	12721.294)	/ 2 )
	=	619.241	/	12852.335
	=	4.82 %

Thaicom PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1411.104	/	( ( (14162.49 - 1441.196)	+	(14050.453 - 1258.255) )	/ 2 )
	=	1411.104	/	( ( 12721.294	+	12792.198 )	/ 2 )
	=	1411.104	/	12756.746
	=	11.06 %

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

Thaicom PCL (BKK:THCOM) 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.

Thaicom PCL ROCE % Related Terms

Thank you for viewing the detailed overview of Thaicom PCL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Thaicom PCL (BKK:THCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Thaicom PCL (BKK:THCOM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vibhavadi Rangsit Road, 28th Floor,349 SJ Infinite 1 Business Complex, Chompol Subdistrict, Chatuchak District, Bangkok, THA, 10900

Website

https://www.thaicom.net

Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Lao PDR, Australia, New Zealand, Mauritius, the British Virgin Islands, Japan, and India.

Thaicom PCL (BKK:THCOM) Headlines

No Headlines