Thomson Medical Group (SGX:A50) ROCE % : 4.43% (As of Dec. 2023)

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What is Thomson Medical 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. Thomson Medical Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.43%.

Thomson Medical Group ROCE % Historical Data

The historical data trend for Thomson Medical 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.

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Thomson Medical Group ROCE % Chart

Thomson Medical Group Annual Data

Trend

Mar12

Mar13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun21

Jun22

Jun23

ROCE %

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4.01

3.88

4.26

8.33

7.28

Thomson Medical Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															5.70	12.12	9.05	5.92	4.43

Thomson Medical Group ROCE % Calculation

Thomson Medical Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	85.715	/	( ( (1364.943 - 338.501)	+	(1447.782 - 120.037) )	/ 2 )
	=	85.715	/	( (1026.442	+	1327.745)	/ 2 )
	=	85.715	/	1177.0935
	=	7.28 %

Thomson Medical Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	64.572	/	( ( (1447.782 - 120.037)	+	(1893.619 - 304.519) )	/ 2 )
	=	64.572	/	( ( 1327.745	+	1589.1 )	/ 2 )
	=	64.572	/	1458.4225
	=	4.43 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Thomson Medical Group (SGX:A50) 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.

Thomson Medical Group ROCE % Related Terms

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Thomson Medical Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Thomson Medical Group Ltd (SGX:A50) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

101 Thomson Road, No. 20-04/05, United Square, Singapore, SGP, 307591

Website

https://www.thomsonmedical.com

Thomson Medical Group Ltd is a provider of healthcare services for women and children. Its segments include Hospital services; Specialised services and Investment holdings. It generates maximum revenue from the Specialised services segment. The specialised services segment includes services provided by fertility clinics, paediatric centres, cancer centre, cardiology centre, Chinese medicine, specialist skin centre and a pre-natal and clinical diagnostic laboratory and project-related services such as managing vaccination centres, COVID-19 Treatment Facilities and Transitional Care Facilities. It also includes a consumer business segment, comprising products and services. Geographically, it derives a majority of its revenue from Singapore.

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