POSCO Holdings (BSP:P1KX34) ROCE % : 3.79% (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is POSCO Holdings 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. POSCO Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.79%.

POSCO Holdings ROCE % Historical Data

The historical data trend for POSCO Holdings'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.

POSCO Holdings ROCE % Chart

POSCO Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.39

4.79

14.83

5.85

4.53

POSCO Holdings 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															5.87	0.11	4.91	5.00	3.79

POSCO Holdings ROCE % Calculation

POSCO Holdings'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 )
	=	13660.883	/	( ( (401533.383 - 95027.773)	+	(381221.058 - 84397.33) )	/ 2 )
	=	13660.883	/	( (306505.61	+	296823.728)	/ 2 )
	=	13660.883	/	301664.669
	=	4.53 %

POSCO Holdings'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 )
	=	12368.196	/	( ( (411214.682 - 90914.701)	+	(425733.16 - 94147.284) )	/ 2 )
	=	12368.196	/	( ( 320299.981	+	331585.876 )	/ 2 )
	=	12368.196	/	325942.9285
	=	3.79 %

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

POSCO Holdings (BSP:P1KX34) 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.

POSCO Holdings ROCE % Related Terms

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

POSCO Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » POSCO Holdings Inc (BSP:P1KX34) » Definitions » ROCE %

Traded in Other Exchanges

PKX:USA 005490:Korea PKX:Germany PKX:Germany

Address

POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194

Website

https://www.posco.co.kr

POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company operates across four distinct segments. The first segment is the Steel Segment, which includes the production and sale of steel products. The second segment is the Green Infrastructure Business, which is further divided into three operations. The Trading Segment comprises trading and natural resource development activities. The Construction Segment involves the planning, designing, and construction of industrial plants, civil engineering projects, and buildings. The Energy and Other Segments include power generation, as well as information technology and operational technology services. The third segment is the Green Materials and Energy Segment, and the fourth segment is the Others Segment.

POSCO Holdings Headlines

No Headlines