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PT Indonesia Fibreboard Industry Tbk (ISX:IFII) ROCE % : 15.28% (As of Jun. 2024)


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What is PT Indonesia Fibreboard 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 Indonesia Fibreboard Industry Tbk's annualized ROCE % for the quarter that ended in Jun. 2024 was 15.28%.


PT Indonesia Fibreboard Industry Tbk ROCE % Historical Data

The historical data trend for PT Indonesia Fibreboard 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.

* Premium members only.

PT Indonesia Fibreboard Industry Tbk ROCE % Chart

PT Indonesia Fibreboard Industry Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 9.65 10.18 10.09 9.47 10.04

PT Indonesia Fibreboard Industry Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.24 14.77 15.09 14.66 15.28

PT Indonesia Fibreboard Industry Tbk ROCE % Calculation

PT Indonesia Fibreboard 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 )
=158994.262/( ( (1746807.362 - 145976.858) + (1894388.46 - 327700.987) )/ 2 )
=158994.262/( (1600830.504+1566687.473)/ 2 )
=158994.262/1583758.9885
=10.04 %

PT Indonesia Fibreboard Industry Tbk's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=239411.096/( ( (1823085.963 - 241434.453) + (1787959.731 - 235278.843) )/ 2 )
=239411.096/( ( 1581651.51 + 1552680.888 )/ 2 )
=239411.096/1567166.199
=15.28 %

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


PT Indonesia Fibreboard Industry Tbk  (ISX:IFII) 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 Indonesia Fibreboard Industry Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pluit Raya 1 No. 1, Penjaringan, Wisma ADR, 3rd Floor, Jakarta Utara, IDN, 14440
PT Indonesia Fibreboard Industry Tbk is a wood processing company developing a variety of processed wood such as veneer and plywood. Its product portfolio includes High-Density Fireboard, Medium Density Fireboard, Low-Density Fireboard, High Moisture Resistance, Plywood, Plywood MDF, MDF Laminate Paper, and Veneer. Its segments include Japan MDF, Regular MDF, Middle East MDF, and Others. A vast majority of its revenues are derived from Japan.

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