Megatouch Co (XKRX:446540) ROCE % : 9.18% (As of Sep. 2024)

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What is Megatouch 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. Megatouch Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.18%.

Megatouch Co ROCE % Historical Data

The historical data trend for Megatouch 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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Megatouch Co ROCE % Chart

Megatouch Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

17.25

36.68

0.36

Megatouch Co Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			17.12	-14.44	14.19	13.77	9.18

Megatouch Co ROCE % Calculation

Megatouch 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 )
	=	138.925	/	( ( (41946.83 - 16783.48)	+	(66726.648 - 14914.538) )	/ 2 )
	=	138.925	/	( (25163.35	+	51812.11)	/ 2 )
	=	138.925	/	38487.73
	=	0.36 %

Megatouch Co'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 )
	=	4969.832	/	( ( (63169.497 - 9131.851)	+	(63662.844 - 9394.27) )	/ 2 )
	=	4969.832	/	( ( 54037.646	+	54268.574 )	/ 2 )
	=	4969.832	/	54153.11
	=	9.18 %

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

Megatouch Co (XKRX:446540) 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.

Megatouch Co ROCE % Related Terms

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Megatouch Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Megatouch Co Ltd (XKRX:446540) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 3gongdan 2-ro, Seobuk-gu, Cheonan-si, Chungcheongnam-do, KOR, 31093

Website

https://www.megatouch.co.kr

Megatouch Co Ltd develops, manufactures, and sells test PINs and CLIPs for battery charging and discharging, and PROBE PINs and ICT PINs for semiconductor tests .

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