Wave Exponential PCL (BKK:WAVE) ROCE % : 8.10% (As of Sep. 2024)

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What is Wave Exponential 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. Wave Exponential PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.10%.

Wave Exponential PCL ROCE % Historical Data

The historical data trend for Wave Exponential 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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Wave Exponential PCL ROCE % Chart

Wave Exponential PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.87

-7.71

-90.46

-19.25

-1.48

Wave Exponential PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															1.52	-2.18	-5.28	-0.05	8.10

Wave Exponential PCL ROCE % Calculation

Wave Exponential 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 )
	=	-16.855	/	( ( (1209.967 - 311.643)	+	(1628.049 - 245.324) )	/ 2 )
	=	-16.855	/	( (898.324	+	1382.725)	/ 2 )
	=	-16.855	/	1140.5245
	=	-1.48 %

Wave Exponential PCL's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	115.084	/	( ( (2066.747 - 664.241)	+	(1982.802 - 543.359) )	/ 2 )
	=	115.084	/	( ( 1402.506	+	1439.443 )	/ 2 )
	=	115.084	/	1420.9745
	=	8.10 %

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

Wave Exponential PCL (BKK:WAVE) 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.

Wave Exponential PCL ROCE % Related Terms

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Wave Exponential PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Wave Exponential PCL (BKK:WAVE) » Definitions » ROCE %

Comparable Companies

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WAVE-R:Thailand

Address

New Petchaburi Road, 2445/19 Tararom Business Tower, 14th Floor, Huai Khwang District, Bang Kapi Sub-district, Bangkok, THA, 10310

Website

https://www.wave-groups.com

Wave Exponential PCL is principally engaged in the businesses of investment in other companies, operations of English language institutions, integrated carbon credit, and wellness health care. The company's business segments include Language institutions, Integrated carbon credit business, and Wellness health care business. The company generates the majority of its revenue from the Language Institutions segment.