P-Duke Technology Co (ROCO:8109) ROCE % : 27.41% (As of Mar. 2024)

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What is P-Duke Technology 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. P-Duke Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 27.41%.

P-Duke Technology Co ROCE % Historical Data

The historical data trend for P-Duke Technology 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.

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P-Duke Technology Co ROCE % Chart

P-Duke Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.72

21.51

21.81

30.13

25.15

P-Duke Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															23.20	34.20	33.61	13.96	27.41

P-Duke Technology Co ROCE % Calculation

P-Duke Technology 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 )
	=	821.833	/	( ( (5116.495 - 1890.903)	+	(3769.488 - 459.375) )	/ 2 )
	=	821.833	/	( (3225.592	+	3310.113)	/ 2 )
	=	821.833	/	3267.8525
	=	25.15 %

P-Duke Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	861.56	/	( ( (3769.488 - 459.375)	+	(3969.875 - 994.001) )	/ 2 )
	=	861.56	/	( ( 3310.113	+	2975.874 )	/ 2 )
	=	861.56	/	3142.9935
	=	27.41 %

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

P-Duke Technology Co (ROCO:8109) 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.

P-Duke Technology Co ROCE % Related Terms

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P-Duke Technology Co (ROCO:8109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » P-Duke Technology Co Ltd (ROCO:8109) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No 36, 22nd Road, Taichung Industrial Park, Taichung City, TWN, 40850

Website

https://www.pduke.com

P-Duke Technology Co Ltd is a professional power supply company. It is engaged in the research, development, production, sales, and service of DC/DC converters and related products. The Company owns, designs, and manufactures DC-DC converters & AC-DC power supplies business under the P-DUKE brand. Its product categories are AC-DC power supplies, DC converters, Medical solutions, Railway solutions, and Product selectors. It offers its products in Europe, America, and Japan markets.

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