GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SPC Power Corp (PHS:SPC) » Definitions » ROCE %

SPC Power (PHS:SPC) ROCE % : 4.46% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is SPC Power 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. SPC Power's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.46%.


SPC Power ROCE % Historical Data

The historical data trend for SPC Power'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.

SPC Power ROCE % Chart

SPC Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.79 16.36 12.37 13.59 12.10

SPC Power Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.94 21.27 15.29 0.40 4.46

SPC Power ROCE % Calculation

SPC Power'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 )
=1358.058/( ( (11607.703 - 812.82) + (12531.158 - 870.374) )/ 2 )
=1358.058/( (10794.883+11660.784)/ 2 )
=1358.058/11227.8335
=12.10 %

SPC Power'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 )
=502.016/( ( (12531.158 - 870.374) + (11651.238 - 777.597) )/ 2 )
=502.016/( ( 11660.784 + 10873.641 )/ 2 )
=502.016/11267.2125
=4.46 %

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

* 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.


SPC Power  (PHS:SPC) 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.


SPC Power ROCE % Related Terms

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


SPC Power (PHS:SPC) Business Description

Traded in Other Exchanges
N/A
Address
Archbishop Reyes Avenue, Cebu Business Park, 7th Floor, Cebu Holdings Center, Cebu, PHL, 6000
SPC Power Corp is managed through three segments: Generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM and other customers; Distribution and sales of electricity to the end-users; and Others segment that operates SECI and SLCI such as to manage, operate and invest in power generating plants and related facilities. It operates and generates revenue principally only in the Philippines.