Phoenix Tours International (TPE:5706) ROCE % : 17.47% (As of Dec. 2024)

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What is Phoenix Tours International 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. Phoenix Tours International's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.47%.

Phoenix Tours International ROCE % Historical Data

The historical data trend for Phoenix Tours International'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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Phoenix Tours International ROCE % Chart

Phoenix Tours International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.79

6.10

-1.36

14.67

21.56

Phoenix Tours International 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															21.05	23.06	18.55	28.98	17.47

Phoenix Tours International ROCE % Calculation

Phoenix Tours International'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 )
	=	384.878	/	( ( (3151.19 - 1538.48)	+	(3464.049 - 1506.056) )	/ 2 )
	=	384.878	/	( (1612.71	+	1957.993)	/ 2 )
	=	384.878	/	1785.3515
	=	21.56 %

Phoenix Tours International'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 )
	=	329.324	/	( ( (3506.132 - 1693.406)	+	(3464.049 - 1506.056) )	/ 2 )
	=	329.324	/	( ( 1812.726	+	1957.993 )	/ 2 )
	=	329.324	/	1885.3595
	=	17.47 %

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

Phoenix Tours International (TPE:5706) 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.

Phoenix Tours International ROCE % Related Terms

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Phoenix Tours International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Phoenix Tours International Inc (TPE:5706) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chang-An East Road, 4th Floor, No. 25, Section 1, Zhongshan District, Taipei, TWN, 104

Website

https://www.travel.com.tw

Phoenix Tours International Inc is a Taiwan-based company engaged in the tourism business. Its services include tour packages, independent travel groups, domestic and overseas sightseeing tours, meals and accommodation, and related services, providing tour guides to travelers both at home and abroad. The company also sells domestic and overseas transportation tickets as a commissioned agent, purchases domestic and overseas tickets on behalf of customers, check-in luggage, and processes entry-exit visa procedures on behalf of customers. The group has four reportable segments: Group Travel Department, Domestic Transportation Department, Air Passenger and Freight Forwarding Department, and Ticketing and other departments.

Phoenix Tours International Headlines

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