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Far East Group (SGX:5TJ) ROCE % : 11.49% (As of Dec. 2024)


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What is Far East Group 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. Far East Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.49%.


Far East Group ROCE % Historical Data

The historical data trend for Far East Group'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.

Far East Group ROCE % Chart

Far East Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.52 2.81 4.71 -1.72 8.28

Far East Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.27 -6.15 3.01 5.18 11.49

Far East Group ROCE % Calculation

Far East Group'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 )
=5.86/( ( (113.023 - 43.66) + (120.33 - 48.113) )/ 2 )
=5.86/( (69.363+72.217)/ 2 )
=5.86/70.79
=8.28 %

Far East Group'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: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=8.128/( ( (117.918 - 48.709) + (120.33 - 48.113) )/ 2 )
=8.128/( ( 69.209 + 72.217 )/ 2 )
=8.128/70.713
=11.49 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

* 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.


Far East Group  (SGX:5TJ) 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.


Far East Group ROCE % Related Terms

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Far East Group Business Description

Traded in Other Exchanges
N/A
Address
51 Ubi Avenue 3, Singapore, SGP, 408858
Far East Group Ltd is a Singapore-based company that operates in three segments: Engineering Solutions; Wholesale and Distribution, which accounts for the majority of revenue; and Manufacturing segment. The principal activities of the company are manufacturing and trading of refrigeration parts, servicing of cold rooms, construction and installation of commercial and industrial cold rooms, and all other incidental business of refrigeration. The company's products include air-conditioning materials, which mainly comprise copper pipes, copper tubes, and refrigerants, Its geographical segments are Singapore, Malaysia, Hong Kong/Macau/China, Indo-China, Indonesia, and Others.

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