PT Esta Indonesia Tbk (ISX:NEST) ROCE % : 5.40% (As of Dec. 2023)

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What is PT Esta Indonesia 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 Esta Indonesia Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.40%.

PT Esta Indonesia Tbk ROCE % Historical Data

The historical data trend for PT Esta Indonesia 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 Esta Indonesia Tbk ROCE % Chart

PT Esta Indonesia Tbk Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

27.10

26.13

26.53

PT Esta Indonesia Tbk Semi-Annual Data
	Dec21	Dec22	Dec23
ROCE %	-	-	5.40

PT Esta Indonesia Tbk ROCE % Calculation

PT Esta Indonesia 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 )
	=	33303.595	/	( ( (123510.035 - 66284.912)	+	(317065.296 - 123209.438) )	/ 2 )
	=	33303.595	/	( (57225.123	+	193855.858)	/ 2 )
	=	33303.595	/	125540.4905
	=	26.53 %

PT Esta Indonesia Tbk's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	10467.81	/	( ( (123510.035 - 66284.912)	+	(317065.296 - 123209.438) )	/ 2 )
	=	10467.81	/	( ( 57225.123	+	193855.858 )	/ 2 )
	=	10467.81	/	125540.4905
	=	8.34 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

PT Esta Indonesia Tbk (ISX:NEST) 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 Esta Indonesia Tbk ROCE % Related Terms

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PT Esta Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Esta Indonesia Tbk (ISX:NEST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terboyo Industrial II/2, Terboyo Megah Industrial Area, Central Java, Semarang, IDN, 50112

Website

https://www.estaindonesia.co.id

PT Esta Indonesia Tbk is Engaged in the field of Swiftlet Breeding and Cultivation and Wholesale Trading of Swiftlet Nests. Bird's Nest Is A Nutritious Food Rich In Protein And Minerals, Loaded With Essential And Non-Essential Amino Acids. A Perfect Ingredient For Cosmetics And Health.

PT Esta Indonesia Tbk Headlines

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