Thai Beverage (SGX:Y92) ROCE % : 13.36% (As of Sep. 2024)

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What is Thai Beverage 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. Thai Beverage's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.36%.

Thai Beverage ROCE % Historical Data

The historical data trend for Thai Beverage'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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Thai Beverage ROCE % Chart

Thai Beverage Annual Data

Trend

Dec14

Dec15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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11.20

10.43

11.24

10.73

11.45

Thai Beverage Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															10.26	12.10	11.25	10.37	13.36

Thai Beverage ROCE % Calculation

Thai Beverage'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 )
	=	2004.676	/	( ( (23272.206 - 4568.76)	+	(20556.989 - 4238.494) )	/ 2 )
	=	2004.676	/	( (18703.446	+	16318.495)	/ 2 )
	=	2004.676	/	17510.9705
	=	11.45 %

Thai Beverage'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 )
	=	2142.9	/	( ( (18504.945 - 2745.764)	+	(20556.989 - 4238.494) )	/ 2 )
	=	2142.9	/	( ( 15759.181	+	16318.495 )	/ 2 )
	=	2142.9	/	16038.838
	=	13.36 %

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

Thai Beverage (SGX:Y92) 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.

Thai Beverage ROCE % Related Terms

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Thai Beverage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Thai Beverage PLC (SGX:Y92) » Definitions » ROCE %

Traded in Other Exchanges

TBVPF:USA T6W:Germany

Address

14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900

Website

https://www.thaibev.com

Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating Into 5 segments that includes Spirits; Production and sales of branded spirits products and soda. Beer: Production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: Production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairies product. Food: Restaurants and distribution of foods and beverages; and Others: Publishing and printing. Key revenue is generated from Spirits.

Thai Beverage Headlines

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