Metro Alliance Holdings & Equities (PHS:MAH) ROCE % : 5.24% (As of Sep. 2024)

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What is Metro Alliance Holdings & Equities 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. Metro Alliance Holdings & Equities's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.24%.

Metro Alliance Holdings & Equities ROCE % Historical Data

The historical data trend for Metro Alliance Holdings & Equities'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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Metro Alliance Holdings & Equities ROCE % Chart

Metro Alliance Holdings & Equities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.55

2.81

-40.84

4.80

-0.22

Metro Alliance Holdings & Equities 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															0.74	0.06	-2.32	8.75	5.24

Metro Alliance Holdings & Equities ROCE % Calculation

Metro Alliance Holdings & Equities'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 )
	=	-0.954	/	( ( (748.865 - 306.088)	+	(705.155 - 283.676) )	/ 2 )
	=	-0.954	/	( (442.777	+	421.479)	/ 2 )
	=	-0.954	/	432.128
	=	-0.22 %

Metro Alliance Holdings & Equities'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 )
	=	22.468	/	( ( (704.353 - 277.55)	+	(704.808 - 274.101) )	/ 2 )
	=	22.468	/	( ( 426.803	+	430.707 )	/ 2 )
	=	22.468	/	428.755
	=	5.24 %

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

Metro Alliance Holdings & Equities (PHS:MAH) 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.

Metro Alliance Holdings & Equities ROCE % Related Terms

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Metro Alliance Holdings & Equities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Metro Alliance Holdings & Equities Corp (PHS:MAH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MAHB:Philippines

Address

Dona Julia Vargas Avenue Corner Meralco Avenue, 35th Floor Unit 3501-3502, One Corporate Centre, Ortigas Centre, Pasig City, PHL, 1605

Website

https://www.metroalliance.com

Metro Alliance Holdings & Equities Corp and its subsidiaries are engaged in contract logistics and supply chain management operations in the Philippines. The company provides third-party warehousing and distribution, consultancy, project management, and value-added services to customers throughout the Philippines.

Metro Alliance Holdings & Equities Headlines

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