PT Cerestar Indonesia Tbk (ISX:TRGU) ROCE % : 15.87% (As of Sep. 2024)

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What is PT Cerestar 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 Cerestar Indonesia Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.87%.

PT Cerestar Indonesia Tbk ROCE % Historical Data

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

PT Cerestar Indonesia Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

14.41

18.07

13.31

PT Cerestar Indonesia Tbk Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial								13.12	11.56	15.02	5.81	15.87

PT Cerestar Indonesia Tbk ROCE % Calculation

PT Cerestar 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 )
	=	146466.225	/	( ( (3527440.735 - 2408092.702)	+	(3244327.351 - 2163187.249) )	/ 2 )
	=	146466.225	/	( (1119348.033	+	1081140.102)	/ 2 )
	=	146466.225	/	1100244.0675
	=	13.31 %

PT Cerestar Indonesia 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 )
	=	166254.316	/	( ( (3594299.117 - 2547714.599)	+	(3160700.379 - 2111986.81) )	/ 2 )
	=	166254.316	/	( ( 1046584.518	+	1048713.569 )	/ 2 )
	=	166254.316	/	1047649.0435
	=	15.87 %

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

PT Cerestar Indonesia Tbk (ISX:TRGU) 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 Cerestar Indonesia Tbk ROCE % Related Terms

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PT Cerestar Indonesia Tbk Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan M.H. Thamrin Nomor 81, The City Tower 28th Floor, Jakarta Pusat, IDN, 10310

Website

https://www.cerestargroup.co.id

PT Cerestar Indonesia Tbk is engaged in the flour industry and cereal/grain trading through Subsidiaries and management consulting services.

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