Modetour Network (XKRX:080160) ROCE % : 20.01% (As of Dec. 2024)

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What is Modetour Network 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. Modetour Network's annualized ROCE % for the quarter that ended in Dec. 2024 was 20.01%.

Modetour Network ROCE % Historical Data

The historical data trend for Modetour Network'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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Modetour Network ROCE % Chart

Modetour Network Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-24.89

13.45

-21.66

7.44

12.50

Modetour Network 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															-7.07	39.39	-17.77	10.11	20.01

Modetour Network ROCE % Calculation

Modetour Network'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 )
	=	13986.026	/	( ( (299161.465 - 173521.119)	+	(234932.704 - 136790.31) )	/ 2 )
	=	13986.026	/	( (125640.346	+	98142.394)	/ 2 )
	=	13986.026	/	111891.37
	=	12.50 %

Modetour Network'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 )
	=	19217.084	/	( ( (220390.269 - 126440.79)	+	(234932.704 - 136790.31) )	/ 2 )
	=	19217.084	/	( ( 93949.479	+	98142.394 )	/ 2 )
	=	19217.084	/	96045.9365
	=	20.01 %

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

Modetour Network (XKRX:080160) 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.

Modetour Network ROCE % Related Terms

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Modetour Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Modetour Network Inc (XKRX:080160) » Definitions » ROCE %

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Address

Baeknam Building, 6th Floor, 188-3 Euljiro 1-Ga, Jung-gu, Seoul, KOR, 100-191

Website

http://www.modetour.co.kr

Modetour Network Inc is a Korea-based travel agency. The company sells domestic and overseas planning travel products and tickets for domestic and foreign residents and provides a series of related services. It also focuses on consulting on domestic and abroad travel and acting an agency for passport and visa procedure. The company's main services include overseas bookings, package tours, air courier services and others.

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