Messe eSang Co (XKRX:408920) ROCE % : 40.08% (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Messe eSang 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. Messe eSang Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 40.08%.

Messe eSang Co ROCE % Historical Data

The historical data trend for Messe eSang 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.

* Premium members only.

Messe eSang Co ROCE % Chart

Messe eSang Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

-0.32

36.67

14.83

24.87

Messe eSang Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial							21.94	21.89	17.91	18.63	40.08

Messe eSang Co ROCE % Calculation

Messe eSang Co'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 )
	=	17449.035	/	( ( (71652.196 - 6523.947)	+	(84373.357 - 9163.996) )	/ 2 )
	=	17449.035	/	( (65128.249	+	75209.361)	/ 2 )
	=	17449.035	/	70168.805
	=	24.87 %

Messe eSang Co'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 )
	=	28881.024	/	( ( (89285.083 - 20365.347)	+	(84373.357 - 9163.996) )	/ 2 )
	=	28881.024	/	( ( 68919.736	+	75209.361 )	/ 2 )
	=	28881.024	/	72064.5485
	=	40.08 %

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

Messe eSang Co (XKRX:408920) 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.

Messe eSang Co ROCE % Related Terms

Thank you for viewing the detailed overview of Messe eSang Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Messe eSang Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Messe eSang Co Ltd (XKRX:408920) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 World Cup Bukro 58 Gil, ES Tower, Mapogu, Seoul, KOR, 03922

Website

https://www.messeesang.com

Messe eSang Co Ltd is a exhibition organizer company in Korea, creates true value with customers. It has a diverse portfolio of 66 exhibitions in 18 industries, 17,340 booths, and exhibition area of 438,544m.

Messe eSang Co Headlines

No Headlines