PT Essa Industries Indonesia Tbk (STU:71S) ROCE % : 13.91% (As of Dec. 2024)

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What is PT Essa Industries Indonesia Tbk 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. PT Essa Industries Indonesia Tbk's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.91%.

PT Essa Industries Indonesia Tbk ROCE % Historical Data

The historical data trend for PT Essa Industries Indonesia Tbk'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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PT Essa Industries Indonesia Tbk ROCE % Chart

PT Essa Industries Indonesia Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-1.19

8.23

43.72

11.45

14.41

PT Essa Industries Indonesia Tbk Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															30.58	13.70	13.31	16.21	13.91

PT Essa Industries Indonesia Tbk ROCE % Calculation

PT Essa Industries Indonesia Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	79.057	/	( ( (637.72 - 114.26)	+	(662.461 - 88.552) )	/ 2 )
	=	79.057	/	( (523.46	+	573.909)	/ 2 )
	=	79.057	/	548.6845
	=	14.41 %

PT Essa Industries Indonesia Tbk's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	76.764	/	( ( (626.782 - 97.147)	+	(662.461 - 88.552) )	/ 2 )
	=	76.764	/	( ( 529.635	+	573.909 )	/ 2 )
	=	76.764	/	551.772
	=	13.91 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

PT Essa Industries Indonesia Tbk (STU:71S) 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.

PT Essa Industries Indonesia Tbk ROCE % Related Terms

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PT Essa Industries Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Essa Industries Indonesia Tbk (STU:71S) » Definitions » ROCE %

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ESSA:Indonesia

Address

Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Jakarta, IDN, 12940

Website

https://www.essa.id

PT Essa Industries Indonesia Tbk owns and operates privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane), condensate, methanol, carbonation and gasification of coal, or other hydrocarbon materials. The principal products of the company include LPG, Condensate and Ammonia. It is also engaged in other activities such as crude oil mining, Wholesale trade in gas, liquid and solid fuels and similar products, Gas distribution and supporting service activities related to oil and gas mining carried out on a fee or contract basis. The company's segments are; LPG refinery, Ammonia which generates key revenue, and others.

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