Pakistan Aluminium Beverage Cans (KAR:PABC) ROCE % : 46.00% (As of Sep. 2024)

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

What is Pakistan Aluminium Beverage Cans 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. Pakistan Aluminium Beverage Cans's annualized ROCE % for the quarter that ended in Sep. 2024 was 46.00%.

Pakistan Aluminium Beverage Cans ROCE % Historical Data

The historical data trend for Pakistan Aluminium Beverage Cans'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.

Pakistan Aluminium Beverage Cans ROCE % Chart

Pakistan Aluminium Beverage Cans Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.48

17.47

25.16

37.85

50.94

Pakistan Aluminium Beverage Cans Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial													56.57	30.95	36.52	77.78	46.00

Pakistan Aluminium Beverage Cans ROCE % Calculation

Pakistan Aluminium Beverage Cans'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 )
	=	5954.96	/	( ( (15357.582 - 4803.707)	+	(21457.471 - 8633.133) )	/ 2 )
	=	5954.96	/	( (10553.875	+	12824.338)	/ 2 )
	=	5954.96	/	11689.1065
	=	50.94 %

Pakistan Aluminium Beverage Cans'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 )
	=	7878.62	/	( ( (27006.834 - 10724.633)	+	(30010.638 - 12039.239) )	/ 2 )
	=	7878.62	/	( ( 16282.201	+	17971.399 )	/ 2 )
	=	7878.62	/	17126.8
	=	46.00 %

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

Pakistan Aluminium Beverage Cans (KAR:PABC) 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.

Pakistan Aluminium Beverage Cans ROCE % Related Terms

Thank you for viewing the detailed overview of Pakistan Aluminium Beverage Cans's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Pakistan Aluminium Beverage Cans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pakistan Aluminium Beverage Cans Ltd (KAR:PABC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Main Boulevard, Plot 29-30, M-3 Industrial City, Sahianwala, Faisalabad, PB, PAK

Website

https://www.pkbevcan.com

Pakistan Aluminium Beverage Cans Ltd is engaged in the manufacturing and sale of aluminum cans. Its products include various sizes and varieties of beverage cans. Geographically, the company generates revenue from Pakistan, Afghanistan, Bangladesh, Uzbekistan, and other regions.

Pakistan Aluminium Beverage Cans Headlines

No Headlines