Viking Tech (ROCO:3624) ROCE % : 5.84% (As of Dec. 2024)

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What is Viking Tech 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. Viking Tech's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.84%.

Viking Tech ROCE % Historical Data

The historical data trend for Viking Tech'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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Viking Tech ROCE % Chart

Viking Tech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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7.14

20.29

22.66

9.63

8.84

Viking Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															2.46	8.42	13.15	8.05	5.84

Viking Tech ROCE % Calculation

Viking Tech's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	301.764	/	( ( (3850.385 - 484.325)	+	(3953.387 - 493.086) )	/ 2 )
	=	301.764	/	( (3366.06	+	3460.301)	/ 2 )
	=	301.764	/	3413.1805
	=	8.84 %

Viking Tech's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	200.956	/	( ( (3956.316 - 535.567)	+	(3953.387 - 493.086) )	/ 2 )
	=	200.956	/	( ( 3420.749	+	3460.301 )	/ 2 )
	=	200.956	/	3440.525
	=	5.84 %

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

Viking Tech (ROCO:3624) 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.

Viking Tech ROCE % Related Terms

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Viking Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Viking Tech Corp (ROCO:3624) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 70, Guangfu North Road, Hukou Township, HsinChu Industrial Park, Hsinchu County, Hsinchu, TWN, 303

Website

https://www.viking.com.tw

Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.

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