Armstrong Industrial Limited (SGX:A14) ROCE % : 7.41% (As of Jun. 2013)

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

What is Armstrong Industrial Limited 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. Armstrong Industrial Limited's annualized ROCE % for the quarter that ended in Jun. 2013 was 7.41%.

Armstrong Industrial Limited ROCE % Historical Data

The historical data trend for Armstrong Industrial Limited'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.

Armstrong Industrial Limited ROCE % Chart

Armstrong Industrial Limited Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

ROCE %

Get a 7-Day Free Trial

20.25

19.34

31.57

12.43

13.23

Armstrong Industrial Limited Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
ROCE %	Get a 7-Day Free Trial										11.15	14.59	4.76	7.04	7.41

Armstrong Industrial Limited ROCE % Calculation

Armstrong Industrial Limited's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	14.89	/	( ( (171.198 - 62.086)	+	(169.335 - 53.299) )	/ 2 )
	=	14.89	/	( (109.112	+	116.036)	/ 2 )
	=	14.89	/	112.574
	=	13.23 %

Armstrong Industrial Limited's ROCE % of for the quarter that ended in Jun. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2013 )		(Q: Mar. 2013 )		(Q: Jun. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2013 )		(Q: Mar. 2013 )		(Q: Jun. 2013 )
	=	9.064	/	( ( (176.766 - 55.172)	+	(188.827 - 65.842) )	/ 2 )
	=	9.064	/	( ( 121.594	+	122.985 )	/ 2 )
	=	9.064	/	122.2895
	=	7.41 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2013) EBIT data.

Armstrong Industrial Limited (SGX:A14) 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.

Armstrong Industrial Limited ROCE % Related Terms

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

Armstrong Industrial Limited (SGX:A14) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Armstrong Industrial Corporation Limited (SGX:A14) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Website

http://www.armstrong.com.sg

Armstrong Industrial Corporation Limited is incorporated in Singapore. The Company is an investment holding company involved in manufacture and sale of precision die-cut foam and rubber moulded components for various technology and other applications. It operates in various segments namely Data storage, Office automation, Consumer electronics / Telecommunications, Automotive and Industrial engineering.

Armstrong Industrial Limited (SGX:A14) Headlines

No Headlines