GlobalWafers Co (ROCO:6488) ROCE % : 9.73% (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is GlobalWafers Co 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. GlobalWafers Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.73%.

GlobalWafers Co ROCE % Historical Data

The historical data trend for GlobalWafers Co'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.

GlobalWafers Co ROCE % Chart

GlobalWafers Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

27.58

24.69

18.10

16.26

21.86

GlobalWafers Co 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															24.75	20.17	15.23	10.33	9.73

GlobalWafers Co ROCE % Calculation

GlobalWafers Co'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 )
	=	27149.746	/	( ( (169495.978 - 35793.648)	+	(188988.001 - 74274.283) )	/ 2 )
	=	27149.746	/	( (133702.33	+	114713.718)	/ 2 )
	=	27149.746	/	124208.024
	=	21.86 %

GlobalWafers Co'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 )
	=	15071.456	/	( ( (234824.792 - 80613.871)	+	(230133.539 - 74526.108) )	/ 2 )
	=	15071.456	/	( ( 154210.921	+	155607.431 )	/ 2 )
	=	15071.456	/	154909.176
	=	9.73 %

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

GlobalWafers Co (ROCO:6488) 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.

GlobalWafers Co ROCE % Related Terms

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

GlobalWafers Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GlobalWafers Co Ltd (ROCO:6488) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, TWN

Website

https://www.sas-globalwafers.com

GlobalWafers is 46.64%-owned by Sino-American Silicon Products, after being spun off in 2011. The main source of the company's revenue is selling silicon wafers to chipmakers like Taiwan Semiconductor and Texas Instruments. It also derives sales from nonsilicon wafers and green energy. GlobalWafers runs 17 production sites in nine countries across Asia, North America, and Europe. GlobalWafers is headquartered in Hsinchu, Taiwan, and employs over 7,300 people. GlobalWafers had nearly 18% market share in silicon wafers in 2023.

GlobalWafers Co Headlines

No Headlines