TUFUF (Thai Union Group PCL) ROCE % : 8.60% (As of Sep. 2024)

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What is Thai Union Group 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. Thai Union Group PCL's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.60%.

Thai Union Group PCL ROCE % Historical Data

The historical data trend for Thai Union Group 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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Thai Union Group PCL ROCE % Chart

Thai Union Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.40

8.69

9.26

7.51

6.03

Thai Union Group 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															6.67	7.61	7.12	6.78	8.60

Thai Union Group PCL ROCE % Calculation

Thai Union Group 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 )
	=	225.422	/	( ( (5251.062 - 1059.135)	+	(4729.72 - 1442.862) )	/ 2 )
	=	225.422	/	( (4191.927	+	3286.858)	/ 2 )
	=	225.422	/	3739.3925
	=	6.03 %

Thai Union Group 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 )
	=	306.332	/	( ( (4399.298 - 979.902)	+	(4677.432 - 969.896) )	/ 2 )
	=	306.332	/	( ( 3419.396	+	3707.536 )	/ 2 )
	=	306.332	/	3563.466
	=	8.60 %

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

Thai Union Group PCL (OTCPK:TUFUF) 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.

Thai Union Group PCL ROCE % Related Terms

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Thai Union Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Group PCL (OTCPK:TUFUF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TU-F:Thailand TU:Thailand THYG:Germany

Address

72/1 Moo 7, Sethakit 1 Road, Tarsrai Sub-district, Amphur Muang, Samutsakorn, Samut sakhon, THA, 74000

Website

https://www.thaiunion.com

Thai Union Group PCL is a global seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related products (shrimp, lobster, salmon); and pet food and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo.