PNE Industries (SGX:BDA) ROCE % : 4.53% (As of Sep. 2024)

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What is PNE Industries 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. PNE Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.53%.

PNE Industries ROCE % Historical Data

The historical data trend for PNE Industries'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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PNE Industries ROCE % Chart

PNE Industries Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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9.76

0.93

5.32

1.18

2.77

PNE Industries Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															3.65	-0.32	2.77	1.09	4.53

PNE Industries ROCE % Calculation

PNE Industries's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	1.941	/	( ( (82.469 - 11.952)	+	(83.438 - 13.568) )	/ 2 )
	=	1.941	/	( (70.517	+	69.87)	/ 2 )
	=	1.941	/	70.1935
	=	2.77 %

PNE Industries's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	3.126	/	( ( (78.831 - 10.69)	+	(83.438 - 13.568) )	/ 2 )
	=	3.126	/	( ( 68.141	+	69.87 )	/ 2 )
	=	3.126	/	69.0055
	=	4.53 %

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

PNE Industries (SGX:BDA) 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.

PNE Industries ROCE % Related Terms

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PNE Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PNE Industries Ltd (SGX:BDA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

996 Bendemeer Road, No. 07-06, Singapore, SGP, 339944

Website

https://www.pne.com.sg

PNE Industries Ltd is an investment holding company and provision of management services. Its business operates in two segments. The Contract Manufacturing segment includes the manufacturing of electronic controllers and other electrical and electronic products. The Trading segment operates in the manufacturing and trading of emergency lighting equipment and related products. The Contract Manufacturing segment generates maximum revenue for the company. Geographically the company exports its products to Romania, the Netherlands, Singapore, Europe, the People's Republic of China, Malaysia, and Other regions.

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