Tycoons Worldwide Group (Thailand) PCL (TPE:911622) ROCE % : -17.36% (As of Sep. 2024)

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What is Tycoons Worldwide Group (Thailand) PCL 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. Tycoons Worldwide Group (Thailand) PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was -17.36%.

Tycoons Worldwide Group (Thailand) PCL ROCE % Historical Data

The historical data trend for Tycoons Worldwide Group (Thailand) PCL'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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Tycoons Worldwide Group (Thailand) PCL ROCE % Chart

Tycoons Worldwide Group (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-19.28

-6.04

9.32

6.28

5.01

Tycoons Worldwide Group (Thailand) PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															3.58	0.46	3.25	-2.11	-17.36

Tycoons Worldwide Group (Thailand) PCL ROCE % Calculation

Tycoons Worldwide Group (Thailand) PCL'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 )
	=	206.839	/	( ( (5514.246 - 1483.389)	+	(5160.295 - 930.053) )	/ 2 )
	=	206.839	/	( (4030.857	+	4230.242)	/ 2 )
	=	206.839	/	4130.5495
	=	5.01 %

Tycoons Worldwide Group (Thailand) PCL's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-747.46	/	( ( (6053.026 - 1846.405)	+	(6443.714 - 2040.135) )	/ 2 )
	=	-747.46	/	( ( 4206.621	+	4403.579 )	/ 2 )
	=	-747.46	/	4305.1
	=	-17.36 %

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

Tycoons Worldwide Group (Thailand) PCL (TPE:911622) 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.

Tycoons Worldwide Group (Thailand) PCL ROCE % Related Terms

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Tycoons Worldwide Group (Thailand) PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tycoons Worldwide Group (Thailand) PCL (TPE:911622) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TYCN-R:Thailand TYCN:Thailand

Address

99 Moo 1, Tambol Nikompattana, Amphur Nikompattana, Rayong, THA, 21180

Website

https://www.tycons.com

Tycoons Worldwide Group (Thailand) PCL is mainly engaged in the manufacture and distribution of steel wire rods, steel annealing wire, deformed bars, steel screws, and wire products. The company has segments such as: manufactures steel wire rods and reinforced concrete bars, Manufactures steel annealing wire, Manufacture screws and bolts, and Trading segments. It derives the majority of its revenues from the Manufacture of steel wire rods segment. The firm mainly operates in Thailand.

Tycoons Worldwide Group (Thailand) PCL Headlines

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