PT Eterindo Wahanatama Tbk (ISX:ETWA) ROCE %: -15.86% (As of Sep. 2023)


ISX:ETWA PT Eterindo Wahanatama Tbk ISX:ETWA
13 GF Score
Price Rp70.00
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What is PT Eterindo Wahanatama Tbk ROCE %?

PT Eterindo Wahanatama Tbk ISX:ETWA 13 ROCE % is -15.86% as of Sep. 2023. GuruFocus rates ISX:ETWA with a GF Score™ of 13/100.

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 Eterindo Wahanatama Tbk's annualized ROCE % for the quarter that ended in Sep. 2023 was -15.86%.

PT Eterindo Wahanatama Tbk  (ISX:ETWA) 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.

PT Eterindo Wahanatama Tbk ROCE % Related Terms

PT Eterindo Wahanatama Tbk ROCE % Historical Data

* Premium members only.

The historical data trend for PT Eterindo Wahanatama 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.

PT Eterindo Wahanatama Tbk ROCE % Chart

PT Eterindo Wahanatama Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial -10.49 -22.92 19.63 -6.33 -36.24

PT Eterindo Wahanatama Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only -110.80 -21.09 7.67 -6.62 -15.86
ISX:ETWA
13GF Score
PT Eterindo Wahanatama Tbk ISX:ETWA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Eterindo Wahanatama Tbk ROCE % Calculation

PT Eterindo Wahanatama Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-206044.409/( ( (1053555.049 - 360301.824) + (895204.453 - 451219.917) )/ 2 )
=-206044.409/( (693253.225+443984.536)/ 2 )
=-206044.409/568618.8805
=-36.24 %

PT Eterindo Wahanatama Tbk's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-65936.888/( ( (887037.627 - 467944.95) + (882585.752 - 470116.947) )/ 2 )
=-65936.888/( ( 419092.677 + 412468.805 )/ 2 )
=-65936.888/415780.741
=-15.86 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -15.86% mean?
PT Eterindo Wahanatama Tbk (ISX:ETWA) has a ROCE % of -15.86% as of Sep. 2023.
Is PT Eterindo Wahanatama Tbk's ROCE % too high?
PT Eterindo Wahanatama Tbk's current ROCE % is -15.86%. Overall, PT Eterindo Wahanatama Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Eterindo Wahanatama Tbk's ROCE % compare to DOW and CE?
PT Eterindo Wahanatama Tbk's ROCE % of -15.86% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Eterindo Wahanatama Tbk's current ROCE % is -15.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Eterindo Wahanatama Tbk stock overvalued right now?
PT Eterindo Wahanatama Tbk (ISX:ETWA) has a current ROCE % of -15.86%. The current ROCE % is -15.86%. PT Eterindo Wahanatama Tbk's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For PT Eterindo Wahanatama Tbk (ISX:ETWA), the current ROCE % is -15.86% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Eterindo Wahanatama Tbk Business Description

Address Jalan Jenderal Sudirman Kav.79, Prudential Tower 20th, Jakarta, IDN, 12910
PT Eterindo Wahanatama Tbk is engaged in integrated Palm Oil Plantation and Biodiesel industry, trading of chemical products. The company offers biodiesel for motor vehicles, steam boilers, oil furnaces, generators; and trades in specialty chemical products, including fatty acid methyl ester and other chemicals. The business segment of the company include FAME, Other Chemicals and Fresh Fruit Bunch. The company makes majority of its revenue from Other Chemicals segment.
13GF Score

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