PKCPY (PT AKRorindo Tbk) ROCE % : 12.78% (As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is PT AKRorindo 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 AKRorindo Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.78%.

PT AKRorindo Tbk ROCE % Historical Data

The historical data trend for PT AKRorindo 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 AKRorindo Tbk ROCE % Chart

PT AKRorindo Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.09

9.57

10.39

19.52

22.43

PT AKRorindo Tbk 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															20.47	33.78	16.62	10.81	12.78

PT AKRorindo Tbk ROCE % Calculation

PT AKRorindo 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 )
	=	242.355	/	( ( (1728.282 - 717.087)	+	(1962.547 - 813.011) )	/ 2 )
	=	242.355	/	( (1011.195	+	1149.536)	/ 2 )
	=	242.355	/	1080.3655
	=	22.43 %

PT AKRorindo 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 )
	=	152.044	/	( ( (1848.585 - 650.376)	+	(1931.478 - 750.39) )	/ 2 )
	=	152.044	/	( ( 1198.209	+	1181.088 )	/ 2 )
	=	152.044	/	1189.6485
	=	12.78 %

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

PT AKRorindo Tbk (OTCPK:PKCPY) 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 AKRorindo Tbk ROCE % Related Terms

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

PT AKRorindo Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT AKR Corporindo Tbk (OTCPK:PKCPY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AKRA:Indonesia

Address

Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, Jakarta Barat, Jakarta, IDN, 11530

Website

https://www.akr.co.id

PT AKR Corporindo Tbk is engaged in chemicals distribution. The company segments. The Trading and distribution segment, which accounts for majority of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine and other sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging etc and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. The Integrated Industrial Zones and Ports segments comprise deep-sea port integrated with a large industrial are, industrial lands parcels, efficient logistic and utilities to industrial tenants.

PT AKRorindo Tbk Headlines

No Headlines