Spec Products (ROCO:7718) ROCE % : 16.07% (As of Dec. 2024)

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What is Spec Products 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. Spec Products's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.07%.

Spec Products ROCE % Historical Data

The historical data trend for Spec Products'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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Spec Products ROCE % Chart

Spec Products Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

6.90

13.68

30.74

22.76

21.81

Spec Products Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					36.77	9.43	48.16	21.44	16.07

Spec Products ROCE % Calculation

Spec Products'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 )
	=	312.615	/	( ( (1989.199 - 630.833)	+	(1948.989 - 441.078) )	/ 2 )
	=	312.615	/	( (1358.366	+	1507.911)	/ 2 )
	=	312.615	/	1433.1385
	=	21.81 %

Spec Products'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 )
	=	243.712	/	( ( (2005.061 - 479.673)	+	(1948.989 - 441.078) )	/ 2 )
	=	243.712	/	( ( 1525.388	+	1507.911 )	/ 2 )
	=	243.712	/	1516.6495
	=	16.07 %

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

Spec Products (ROCO:7718) 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.

Spec Products ROCE % Related Terms

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Spec Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spec Products Corp (ROCO:7718) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9F.-4, No. 358, Sec 1, Dongmen Road, East District, Tainan, TWN, 701002

Website

https://www.spec.com.tw

Spec Products Corp is a company which is Integrated Industrial Parts manufacturer and supplier where in they have exported more than ten thousand items made to customers' prints or samples per year to USA, Europe, Japan and China, including cold/ hot forging, turning, plastic ejection and stamping, etc from either on its own or sub-contracted factories.

Spec Products Headlines

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