PT Argha Karya Prima Industry Tbk (ISX:AKPI) ROCE % : 2.74% (As of Sep. 2024)

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What is PT Argha Karya Prima Industry Tbk 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. PT Argha Karya Prima Industry Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.74%.

PT Argha Karya Prima Industry Tbk ROCE % Historical Data

The historical data trend for PT Argha Karya Prima Industry Tbk'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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PT Argha Karya Prima Industry Tbk ROCE % Chart

PT Argha Karya Prima Industry Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.23

5.69

13.48

13.96

1.23

PT Argha Karya Prima Industry Tbk 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															0.03	0.43	4.33	4.73	2.74

PT Argha Karya Prima Industry Tbk ROCE % Calculation

PT Argha Karya Prima Industry Tbk'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 )
	=	29390.59	/	( ( (3590544.759 - 1110996.412)	+	(3351569.378 - 1065296.093) )	/ 2 )
	=	29390.59	/	( (2479548.347	+	2286273.285)	/ 2 )
	=	29390.59	/	2382910.816
	=	1.23 %

PT Argha Karya Prima Industry Tbk'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 )
	=	64273.708	/	( ( (3490052.627 - 1064253.236)	+	(3305024.878 - 1037725.743) )	/ 2 )
	=	64273.708	/	( ( 2425799.391	+	2267299.135 )	/ 2 )
	=	64273.708	/	2346549.263
	=	2.74 %

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

PT Argha Karya Prima Industry Tbk (ISX:AKPI) 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.

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PT Argha Karya Prima Industry Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » PT Argha Karya Prima Industry Tbk (ISX:AKPI) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Jl. Jendral Sudirman kav.52-53, Prosperity Tower, Floor 51, SCBD Lot.28, District 8, Jakarta, IDN, 12190

Website

https://www.arghakarya.com

PT Argha Karya Prima Industry Tbk produces packaging film products for industrial use and consumer goods items such as cigarettes, food products, paper lamination, labels, and others. The company operates in segments that include Manufacturing and Distribution. The Manufacturing business segment generates maximum revenue for the company. The company's brand includes Arlene and Areta. PT Argha Karya Prima exports its products to Asia, Africa, Europe, America, the Middle East, Europe, Australia, and New Zealand. The majority of the revenue is generated from Indonesia.

PT Argha Karya Prima Industry Tbk Headlines

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