Solartron PCL (FRA:TUU) ROCE % : 26.61% (As of Sep. 2024)

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What is Solartron 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. Solartron PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was 26.61%.

Solartron PCL ROCE % Historical Data

The historical data trend for Solartron 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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Solartron PCL ROCE % Chart

Solartron PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-17.49

-33.27

-16.52

-8.58

16.63

Solartron 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															-1.33	5.83	-11.50	-13.17	26.61

Solartron PCL ROCE % Calculation

Solartron 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 )
	=	6.132	/	( ( (48.849 - 14.271)	+	(51.791 - 12.621) )	/ 2 )
	=	6.132	/	( (34.578	+	39.17)	/ 2 )
	=	6.132	/	36.874
	=	16.63 %

Solartron 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 )
	=	9.404	/	( ( (49.337 - 11.591)	+	(47.673 - 14.743) )	/ 2 )
	=	9.404	/	( ( 37.746	+	32.93 )	/ 2 )
	=	9.404	/	35.338
	=	26.61 %

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

Solartron PCL (FRA:TUU) 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.

Solartron PCL ROCE % Related Terms

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Solartron PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solartron PCL (FRA:TUU) » Definitions » ROCE %

Comparable Companies

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SOLAR-R:Thailand SOLAR:Thailand TUUF:Germany

Address

77/31, 32, 33 Soi Chaengwattana 15, intersection 2, Thung Song Hong, Lak Si, Bangkok, THA, 10210

Website

https://www.solartron.co.th

Solartron PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in manufacturing and distribution, selling and installation of solar-cell systems and related equipment, and construction of solar power plants. It operates in the segments of Selling and installation of solar-cell systems, Distribution of solar-cell, Sale of electricity, Hire of work, and other segment. The group derives a majority of its revenue from the Selling and installation of solar-cell systems. It generates prime revenue from operations located in Thailand.

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