Nok Airlines PCL (STU:N5A) ROCE %: 49.57% (As of Sep. 2024)


STU:N5A Nok Airlines PCL STU:N5A
12 GF Score
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What is Nok Airlines PCL ROCE %?

Nok Airlines PCL STU:N5A 12 ROCE % is 49.57% as of Sep. 2024. GuruFocus rates STU:N5A with a GF Score™ of 12/100.

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. Nok Airlines PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was 49.57%.

Nok Airlines PCL  (STU:N5A) 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.

Nok Airlines PCL ROCE % Related Terms

Nok Airlines PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Nok Airlines PCL'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.

Nok Airlines PCL ROCE % Chart

Nok Airlines PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.94 -320.91 -12.99 -21.07 11.78

Nok Airlines PCL Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -29.95 82.29 0.00 49.57
STU:N5A
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Nok Airlines PCL STU:N5A
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nok Airlines PCL ROCE % Calculation

Nok Airlines PCL'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 )
=23.494/( ( (335.411 - 114.436) + (311.244 - 133.344) )/ 2 )
=23.494/( (220.975+177.9)/ 2 )
=23.494/199.4375
=11.78 %

Nok Airlines PCL'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: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=95.896/( ( (373.752 - 164.069) + (357.832 - 180.585) )/ 2 )
=95.896/( ( 209.683 + 177.247 )/ 2 )
=95.896/193.465
=49.57 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 49.57% mean?
Nok Airlines PCL (STU:N5A) has a ROCE % of 49.57% as of Sep. 2024.
Is Nok Airlines PCL's ROCE % too high?
Nok Airlines PCL's current ROCE % is 49.57%. The Transportation industry median ROCE % is 7.73. Nok Airlines PCL's value of 49.57% is 541.3% above this industry median. Overall, Nok Airlines PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nok Airlines PCL's ROCE % compare to MESA and HRBR?
Nok Airlines PCL's ROCE % of 49.57% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Nok Airlines PCL's value of 49.57% is 541.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nok Airlines PCL's current ROCE % of 49.57% is 541.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nok Airlines PCL's current ROCE % is 49.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nok Airlines PCL stock overvalued right now?
Nok Airlines PCL (STU:N5A) has a current ROCE % of 49.57%. The current ROCE % is 49.57% and 541.3% above the Transportation industry median of 7.73. Nok Airlines PCL's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Nok Airlines PCL (STU:N5A), the current ROCE % is 49.57% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nok Airlines PCL Business Description

Address Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210
Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers and has operating hubs in Thailand.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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