President Securities (TPE:2855) ROCE % : 15.47% (As of Dec. 2024)

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What is President Securities 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. President Securities's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.47%.

President Securities ROCE % Historical Data

The historical data trend for President Securities'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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President Securities ROCE % Chart

President Securities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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15.06

15.49

3.74

13.33

19.24

President Securities 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															10.33	26.47	22.00	12.76	15.47

President Securities ROCE % Calculation

President Securities'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 )
	=	6535.414	/	( ( (140665.223 - 108355.052)	+	(193473.197 - 157854.966) )	/ 2 )
	=	6535.414	/	( (32310.171	+	35618.231)	/ 2 )
	=	6535.414	/	33964.201
	=	19.24 %

President Securities'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 )
	=	5437.548	/	( ( (195982.042 - 161292.502)	+	(193473.197 - 157854.966) )	/ 2 )
	=	5437.548	/	( ( 34689.54	+	35618.231 )	/ 2 )
	=	5437.548	/	35153.8855
	=	15.47 %

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

President Securities (TPE:2855) 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.

President Securities ROCE % Related Terms

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President Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » President Securities Corp (TPE:2855) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1st Floor., No.8, Dongxing Road, Sungshan District, Taipei, TWN, 105

Website

https://www.pscnet.com.tw

President Securities Corp is a Taiwan-based securities company with several segments. The brokerage segment is engaged in the trading of listed securities and other instruments as approved by the regulations, along with margin trading, short sale, and assistance in futures trading. The proprietary trading segment is involved in using self-owned equity to execute securities trading and conduct futures and options hedging. The reinvestment segment is involved in companies reinvested by the consolidated entities. The other operating segment consists of a capital market business, a derivatives proprietary business, a financial product business, and others. It also has a Quantitative Trading segment and a Financial product segment.

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