Allied Industrial (ROCO:4702) ROCE % : 8.16% (As of Dec. 2024)

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What is Allied Industrial 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. Allied Industrial's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.16%.

Allied Industrial ROCE % Historical Data

The historical data trend for Allied Industrial'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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Allied Industrial ROCE % Chart

Allied Industrial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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4.79

9.06

11.18

4.64

4.04

Allied Industrial 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															3.33	8.77	-0.88	0.11	8.16

Allied Industrial ROCE % Calculation

Allied Industrial'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 )
	=	50.199	/	( ( (1444.143 - 230.93)	+	(1434.941 - 165.457) )	/ 2 )
	=	50.199	/	( (1213.213	+	1269.484)	/ 2 )
	=	50.199	/	1241.3485
	=	4.04 %

Allied Industrial'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 )
	=	102.336	/	( ( (1417.855 - 179.486)	+	(1434.941 - 165.457) )	/ 2 )
	=	102.336	/	( ( 1238.369	+	1269.484 )	/ 2 )
	=	102.336	/	1253.9265
	=	8.16 %

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

Allied Industrial (ROCO:4702) 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.

Allied Industrial ROCE % Related Terms

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Allied Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Allied Industrial Corp Ltd (ROCO:4702) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 76, Tun-Hwa South Road, 12th Floor, Section 2, Taipei, TWN, 10683

Website

https://www.aicgroup.com.tw

Allied Industrial Corp Ltd is a manufacturer and distributor of dispersion dyes. It mainly offers reactive dyes, acid dyes, fine chemicals, disperse dyes, auxiliary dyes, intermediates, electronic industry-related materials, and cosmetic products. It has two reportable operating segments: Segment A and B. Segment A is engaged in trades of chemical products, such as dyes, in Taiwan. Segment B is engaged in strategic investments and trades of chemical products in Asia or other areas.

Allied Industrial Headlines

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