Pact Group Holdings (Pact Group Holdings) ROCE % : 2.65% (As of Dec. 2023)

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What is Pact Group Holdings 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. Pact Group Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.65%.

Pact Group Holdings ROCE % Historical Data

The historical data trend for Pact Group Holdings'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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Pact Group Holdings ROCE % Chart

Pact Group Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-20.74

10.71

10.30

3.10

2.66

Pact Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-1.15	7.56	7.21	-1.99	2.65

Pact Group Holdings ROCE % Calculation

Pact Group Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	28.061	/	( ( (1444.533 - 372.213)	+	(1397.44 - 357.33) )	/ 2 )
	=	28.061	/	( (1072.32	+	1040.11)	/ 2 )
	=	28.061	/	1056.215
	=	2.66 %

Pact Group Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	26.564	/	( ( (1397.44 - 357.33)	+	(1307.618 - 346.046) )	/ 2 )
	=	26.564	/	( ( 1040.11	+	961.572 )	/ 2 )
	=	26.564	/	1000.841
	=	2.65 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Pact Group Holdings (OTCPK:PTTCF) 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.

Pact Group Holdings ROCE % Related Terms

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Pact Group Holdings (Pact Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pact Group Holdings Ltd (OTCPK:PTTCF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

27P:Germany PGH:Australia

Address

658 Church Street, Building 1, Level 5, Cremorne, Sydney, VIC, AUS, 3121

Website

https://www.pactgroup.com

Pact Group Holdings Ltd is a rigid packaging plastics manufacturer in Australia and New Zealand. The company has three operating segments that include Packaging and sustainability, Materials Handling & Pooling, and Contract Manufacturing. The majority of its revenue is generated from the Packaging and sustainability segment.