GTM Holdings (TPE:1437) ROCE % : 8.88% (As of Mar. 2024)

View and export this data going back to 1988. Start your Free Trial

What is GTM Holdings 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. GTM Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.88%.

GTM Holdings ROCE % Historical Data

The historical data trend for GTM Holdings'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.

* Premium members only.

GTM Holdings ROCE % Chart

GTM Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.53

4.46

5.19

4.66

7.11

GTM Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.62	5.88	9.42	6.92	8.88

GTM Holdings ROCE % Calculation

GTM Holdings'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 )
	=	738.135	/	( ( (12580.598 - 1000.869)	+	(12903.869 - 3724.341) )	/ 2 )
	=	738.135	/	( (11579.729	+	9179.528)	/ 2 )
	=	738.135	/	10379.6285
	=	7.11 %

GTM Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	819.568	/	( ( (12903.869 - 3724.341)	+	(13194.647 - 3925.71) )	/ 2 )
	=	819.568	/	( ( 9179.528	+	9268.937 )	/ 2 )
	=	819.568	/	9224.2325
	=	8.88 %

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

GTM Holdings (TPE:1437) 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.

GTM Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of GTM Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

GTM Holdings (TPE:1437) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GTM Holdings Corp (TPE:1437) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

320 Zhong Xiao E. Road. Sec. 4, 9th Floor, Taipei, TWN, 106070

Website

https://www.gtm.com.tw

GTM Holdings Corp is an investment holding company engaged in business relating to the manufacturing and trading of textiles, knitwear, wool quilts, suits and other products; manufacturing and trading of electronic components and electronic materials, and the commissioning of construction companies for building construction, residential rentals, and sales. The group's primary geographic market is Taiwan.

GTM Holdings (TPE:1437) Headlines

No Headlines