StarHub (StarHub) ROCE % : 11.84% (As of Dec. 2023)

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What is StarHub 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. StarHub's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.84%.

StarHub ROCE % Historical Data

The historical data trend for StarHub'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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StarHub ROCE % Chart

StarHub Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.56

12.53

10.82

6.63

11.71

StarHub 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															11.13	9.14	3.42	11.79	11.84

StarHub ROCE % Calculation

StarHub's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	176.638	/	( ( (2318.316 - 858.263)	+	(2278.433 - 721.117) )	/ 2 )
	=	176.638	/	( (1460.053	+	1557.316)	/ 2 )
	=	176.638	/	1508.6845
	=	11.71 %

StarHub'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 )
	=	178.966	/	( ( (2203.387 - 738.523)	+	(2278.433 - 721.117) )	/ 2 )
	=	178.966	/	( ( 1464.864	+	1557.316 )	/ 2 )
	=	178.966	/	1511.09
	=	11.84 %

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

StarHub (OTCPK:SRHBF) 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.

StarHub ROCE % Related Terms

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StarHub (StarHub) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » StarHub Ltd (OTCPK:SRHBF) » Definitions » ROCE %

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CC3:Singapore

Address

67 Ubi Avenue 1, No. 05-01 StarHub Green, Singapore, SGP, 408942

Website

https://www.starhub.com

StarHub is one of three main telecommunications providers in Singapore offering products covering mobile, broadband, fixed voice, and pay television. StarHub operates a mobile network. The company's fixed network spans domestic and international backhaul. It used to reach residential premises with a hybrid fiber-coaxial network, which has now been replaced with the National Broadband Network. The Singapore government retains an indirect 57% stake through Temasek Holdings, while NTT Communications also holds a strategic 10% stake.