PT Buana Artha Anugerah Tbk (ISX:STAR) ROCE % : 2.64% (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is PT Buana Artha Anugerah 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 Buana Artha Anugerah Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.64%.

PT Buana Artha Anugerah Tbk ROCE % Historical Data

The historical data trend for PT Buana Artha Anugerah 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 Buana Artha Anugerah Tbk ROCE % Chart

PT Buana Artha Anugerah Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.14

2.83

2.42

0.37

0.57

PT Buana Artha Anugerah 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															1.48	-0.03	0.64	-0.52	2.64

PT Buana Artha Anugerah Tbk ROCE % Calculation

PT Buana Artha Anugerah 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 )
	=	2893.915	/	( ( (509387.242 - 1045.429)	+	(512334.216 - 1108.401) )	/ 2 )
	=	2893.915	/	( (508341.813	+	511225.815)	/ 2 )
	=	2893.915	/	509783.814
	=	0.57 %

PT Buana Artha Anugerah 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 )
	=	13560.016	/	( ( (511824.694 - 651.629)	+	(515026.374 - 466.923) )	/ 2 )
	=	13560.016	/	( ( 511173.065	+	514559.451 )	/ 2 )
	=	13560.016	/	512866.258
	=	2.64 %

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

PT Buana Artha Anugerah Tbk (ISX:STAR) 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 Buana Artha Anugerah Tbk ROCE % Related Terms

Thank you for viewing the detailed overview of PT Buana Artha Anugerah Tbk's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Buana Artha Anugerah Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PT Buana Artha Anugerah Tbk (ISX:STAR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. MH. Thamrin Number 1, Menara BCA Lt. 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310

Website

https://www.buanaarthaanugerah.co.id

PT Buana Artha Anugerah Tbk operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.

PT Buana Artha Anugerah Tbk Headlines

No Headlines