TPK Holding Co (TPE:3673) ROCE % : 2.23% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is TPK Holding Co 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. TPK Holding Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.23%.

TPK Holding Co ROCE % Historical Data

The historical data trend for TPK Holding Co'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.

TPK Holding Co ROCE % Chart

TPK Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.35

4.82

3.98

3.97

3.70

TPK Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.07	4.46	3.55	4.02	2.23

TPK Holding Co ROCE % Calculation

TPK Holding Co'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 )
	=	2076.211	/	( ( (83600.276 - 28622.687)	+	(87823.327 - 30538.004) )	/ 2 )
	=	2076.211	/	( (54977.589	+	57285.323)	/ 2 )
	=	2076.211	/	56131.456
	=	3.70 %

TPK Holding Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	1326.828	/	( ( (95812.594 - 33934.021)	+	(87823.327 - 30538.004) )	/ 2 )
	=	1326.828	/	( ( 61878.573	+	57285.323 )	/ 2 )
	=	1326.828	/	59581.948
	=	2.23 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

TPK Holding Co (TPE:3673) 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.

TPK Holding Co ROCE % Related Terms

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

TPK Holding Co (TPE:3673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPK Holding Co Ltd (TPE:3673) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.13-18, Section 6, Min Quan East Road, Neihu District, Taipei, TWN

Website

https://www.tpk.com

TPK Holding Co Ltd is an electronic components company with two business segments: Touch Module and Other. The Touch Module segment manufactures and sells capacitive touch solutions. These small and midsize touch panels are utilized in mobile phones, portable media players, navigation devices, and handheld game consoles. These products include glass-to-glass, touch-on-lens, and glass-film. The Other segment primarily produces indium tin oxide.

TPK Holding Co (TPE:3673) Headlines

No Headlines