PT Mitra Pack Tbk (ISX:PTMP) ROCE % : 17.02% (As of Sep. 2024)

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What is PT Mitra Pack 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 Mitra Pack Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.02%.

PT Mitra Pack Tbk ROCE % Historical Data

The historical data trend for PT Mitra Pack 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 Mitra Pack Tbk ROCE % Chart

PT Mitra Pack Tbk Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

19.46

21.09

9.71

PT Mitra Pack Tbk Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial							5.86	7.35	10.51	8.63	17.02

PT Mitra Pack Tbk ROCE % Calculation

PT Mitra Pack 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 )
	=	13283.772	/	( ( (124825.165 - 39251.201)	+	(257054.319 - 69090.009) )	/ 2 )
	=	13283.772	/	( (85573.964	+	187964.31)	/ 2 )
	=	13283.772	/	136769.137
	=	9.71 %

PT Mitra Pack 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 )
	=	32510.56	/	( ( (255923.88 - 66312.422)	+	(262304.764 - 69844.605) )	/ 2 )
	=	32510.56	/	( ( 189611.458	+	192460.159 )	/ 2 )
	=	32510.56	/	191035.8085
	=	17.02 %

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

PT Mitra Pack Tbk (ISX:PTMP) 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 Mitra Pack Tbk ROCE % Related Terms

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PT Mitra Pack Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PT Mitra Pack Tbk (ISX:PTMP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Pangeran Jayakarta No. 135, Komplek Prima Jayakarta Blok B-20, Mangga Dua Selatan, Sawah Besar, Jakarta Pusat, Jakarta, IDN, 10730

Website

https://www.mitrapack.co.id

PT Mitra Pack Tbk specializes in Coding, Marking, Product Inspection Systems, and Food Packaging. The company engages in trading of product inspection systems such as metal detectors, X-ray inspection systems, check-weighers, and provides food and industrial goods packaging services. It is also engaged in trading of spare parts and chemicals, and providing related after-sales services. Its business segments are; Parts, Machines, Rental income, and Engineering income. The firm derives a majority of its revenue from the Parts, and Machines segment.

PT Mitra Pack Tbk Headlines

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