Evertex Fabrinology (TPE:1470) ROCE % : 15.58% (As of Dec. 2024)

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What is Evertex Fabrinology 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. Evertex Fabrinology's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.58%.

Evertex Fabrinology ROCE % Historical Data

The historical data trend for Evertex Fabrinology'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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Evertex Fabrinology ROCE % Chart

Evertex Fabrinology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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4.20

7.98

5.08

5.88

11.92

Evertex Fabrinology 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															-0.37	15.54	11.44	5.90	15.58

Evertex Fabrinology ROCE % Calculation

Evertex Fabrinology'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 )
	=	121.648	/	( ( (1145.425 - 148.941)	+	(1212.409 - 167.275) )	/ 2 )
	=	121.648	/	( (996.484	+	1045.134)	/ 2 )
	=	121.648	/	1020.809
	=	11.92 %

Evertex Fabrinology'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 )
	=	160.284	/	( ( (1179.569 - 167.264)	+	(1212.409 - 167.275) )	/ 2 )
	=	160.284	/	( ( 1012.305	+	1045.134 )	/ 2 )
	=	160.284	/	1028.7195
	=	15.58 %

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

Evertex Fabrinology (TPE:1470) 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.

Evertex Fabrinology ROCE % Related Terms

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Evertex Fabrinology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Evertex Fabrinology Ltd (TPE:1470) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

4th floor, 64 Tacheng street, Datong District, Taipei, TWN, 103005

Website

https://www.evertex.tw/en

Evertex Fabrinology Ltd is a vertically integrated textile factory dedicated to the research and development of knitted fabrics. The company is engaged in the business of dyeing and finishing all kinds of textile products. The company produces knit fabrics and warp knit fabrics and carries out dyeing and finishing of knits and woven fabrics.

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