T M C Industrial PCL (BKK:TMC-R) ROCE % : -1.54% (As of Mar. 2024)

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What is T M C Industrial 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. T M C Industrial PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.54%.

T M C Industrial PCL ROCE % Historical Data

The historical data trend for T M C Industrial 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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T M C Industrial PCL ROCE % Chart

T M C Industrial PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-9.09

-9.51

-7.76

55.40

2.71

T M C Industrial 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															5.36	0.49	6.06	-0.96	-1.54

T M C Industrial PCL ROCE % Calculation

T M C Industrial 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 )
	=	17.648	/	( ( (734.533 - 100.632)	+	(735.838 - 67.368) )	/ 2 )
	=	17.648	/	( (633.901	+	668.47)	/ 2 )
	=	17.648	/	651.1855
	=	2.71 %

T M C Industrial 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 )
	=	-10.272	/	( ( (735.838 - 67.368)	+	(742.533 - 79.316) )	/ 2 )
	=	-10.272	/	( ( 668.47	+	663.217 )	/ 2 )
	=	-10.272	/	665.8435
	=	-1.54 %

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

T M C Industrial PCL (BKK:TMC-R) 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.

T M C Industrial PCL ROCE % Related Terms

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T M C Industrial PCL (BKK:TMC-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » T M C Industrial PCL (BKK:TMC-R) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TMC:Thailand

Address

125/10, Moo 5 Ban Saun Subdistrict, Muang Chonburi, Chonburi, THA, 20000

Website

http://www.tmc.co.th

T M C Industrial PLC manufactures and distributes mechanical and hydraulic press systems. The company operates its business through three segments: Manufacture and Distribution of Machinery; Services and Project construction service segment. The Manufacture and Distribution of Machinery segment which contributes majorly towards the firm's revenue engages in the manufacturing and distribution of hydraulic machines, such as press machines, cranes, and handling equipment. The Services segment engages in the provision of machine repair and maintenance and metal machining services. The Project construction service segment is engaged in the project construction service by supplying machines and installation according to the contract.

T M C Industrial PCL (BKK:TMC-R) Headlines

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