PT Triputra Agro Persada Tbk (ISX:TAPG) ROCE % : 15.59% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is PT Triputra Agro Persada 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 Triputra Agro Persada Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.59%.

PT Triputra Agro Persada Tbk ROCE % Historical Data

The historical data trend for PT Triputra Agro Persada 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 Triputra Agro Persada Tbk ROCE % Chart

PT Triputra Agro Persada Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.54

13.14

14.69

32.66

16.92

PT Triputra Agro Persada Tbk Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															12.65	7.83	27.97	21.48	15.59

PT Triputra Agro Persada Tbk ROCE % Calculation

PT Triputra Agro Persada 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 )
	=	2059009	/	( ( (14526124 - 2093814)	+	(13867387 - 1958582) )	/ 2 )
	=	2059009	/	( (12432310	+	11908805)	/ 2 )
	=	2059009	/	12170557.5
	=	16.92 %

PT Triputra Agro Persada Tbk's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1883368	/	( ( (13867387 - 1958582)	+	(13890994 - 1639598) )	/ 2 )
	=	1883368	/	( ( 11908805	+	12251396 )	/ 2 )
	=	1883368	/	12080100.5
	=	15.59 %

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

PT Triputra Agro Persada Tbk (ISX:TAPG) 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 Triputra Agro Persada Tbk ROCE % Related Terms

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

PT Triputra Agro Persada Tbk (ISX:TAPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Triputra Agro Persada Tbk (ISX:TAPG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan DR. Ide Anak Agung Gde Agung, Kav. E.3-2, No. 1, The East Building, 23rd Floor, Kelurahan Kuningan Timur, Kecamatan Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.tap-agri.com

PT Triputra Agro Persada Tbk is a palm oil and rubber company located in Sumatera and Kalimantan. Together with its subsidiaries, it is committed towards producing high-quality crude palm oil and palm kernel products to meet domestic and foreign market needs. The company's operating segment includes Crude Palm oil and palm kernel and Rubber. It generates maximum revenue from the Crude Palm oil and palm kernel segment.

PT Triputra Agro Persada Tbk (ISX:TAPG) Headlines

No Headlines