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TRV Rubber Products PCL (BKK:TRV) ROCE % : -1.32% (As of Dec. 2024)


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What is TRV Rubber Products 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. TRV Rubber Products PCL's annualized ROCE % for the quarter that ended in Dec. 2024 was -1.32%.


TRV Rubber Products PCL ROCE % Historical Data

The historical data trend for TRV Rubber Products 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.

TRV Rubber Products PCL ROCE % Chart

TRV Rubber Products PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial 13.19 12.17 19.77 3.72 3.50

TRV Rubber Products PCL Quarterly Data
Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.50 18.94 -2.99 -0.58 -1.32

TRV Rubber Products PCL ROCE % Calculation

TRV Rubber Products 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 )
=16.301/( ( (486.719 - 28.483) + (491.892 - 19.888) )/ 2 )
=16.301/( (458.236+472.004)/ 2 )
=16.301/465.12
=3.50 %

TRV Rubber Products 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 )
=-6.256/( ( (498.478 - 24.713) + (491.892 - 19.888) )/ 2 )
=-6.256/( ( 473.765 + 472.004 )/ 2 )
=-6.256/472.8845
=-1.32 %

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

* 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.


TRV Rubber Products PCL  (BKK:TRV) 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.


TRV Rubber Products PCL ROCE % Related Terms

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TRV Rubber Products PCL Business Description

Traded in Other Exchanges
N/A
Address
1-3-1 intersect, 40, 88/8 - 9, Soi Ekachai 76, Khlong Bang Phran, Bang Bon, Bangkok, THA, 10150
TRV Rubber Products PCL is engaged in the manufacturing and rendering manufacturing services of compression and injection of o-rings rubber and rubber parts. The group operates in two operating segments being Manufacturing and selling of o-ring rubber and rubber parts and Supplying and distributing of machinery and parts, and providing related maintenance services.