Pss Co (TPE:6914) ROCE % : 15.35% (As of Dec. 2023)

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What is Pss 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. Pss Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.35%.

Pss Co ROCE % Historical Data

The historical data trend for Pss 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.

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Pss Co ROCE % Chart

Pss Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

9.70

7.22

4.51

11.38

16.34

Pss Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			6.18	10.05	13.37	17.22	15.35

Pss Co ROCE % Calculation

Pss 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 )
	=	760.724	/	( ( (5968.072 - 1770.743)	+	(7261.069 - 2146.791) )	/ 2 )
	=	760.724	/	( (4197.329	+	5114.278)	/ 2 )
	=	760.724	/	4655.8035
	=	16.34 %

Pss 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	754.328	/	( ( (6761.554 - 2046.714)	+	(7261.069 - 2146.791) )	/ 2 )
	=	754.328	/	( ( 4714.84	+	5114.278 )	/ 2 )
	=	754.328	/	4914.559
	=	15.35 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Pss Co (TPE:6914) 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.

Pss Co ROCE % Related Terms

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Pss Co (TPE:6914) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pss Co Ltd (TPE:6914) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 2, Zhongshan Road, 4th Floor, No. 10, Lane 327, Zhonghe District, New Taipei, TWN, 235602

Website

https://www.pss-group.com

Pss Co Ltd is a self service payment provider. It is committed to self service development and specializes in cash transaction service projects. It is a parking system provider with state-of-the-art technology. in order to provide services to users who use the parking lot quickly.

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