PIM Korea Co (XKRX:448900) ROCE % : 10.11% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is PIM Korea 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. PIM Korea Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.11%.

PIM Korea Co ROCE % Historical Data

The historical data trend for PIM Korea 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.

PIM Korea Co ROCE % Chart

PIM Korea Co Annual Data

Trend

Dec22

Dec23

ROCE %

10.40

10.11

PIM Korea Co Semi-Annual Data
	Dec22	Dec23
ROCE %	10.40	10.11

PIM Korea Co ROCE % Calculation

PIM Korea 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 )
	=	3825.041	/	( ( (74513.437 - 38265.704)	+	(71985.973 - 32538.9) )	/ 2 )
	=	3825.041	/	( (36247.733	+	39447.073)	/ 2 )
	=	3825.041	/	37847.403
	=	10.11 %

PIM Korea Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	3825.041	/	( ( (74513.437 - 38265.704)	+	(71985.973 - 32538.9) )	/ 2 )
	=	3825.041	/	( ( 36247.733	+	39447.073 )	/ 2 )
	=	3825.041	/	37847.403
	=	10.11 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

PIM Korea Co (XKRX:448900) 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.

PIM Korea Co ROCE % Related Terms

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

PIM Korea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PIM Korea Co Ltd (XKRX:448900) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

26, Secheon-ro 8-gil, Dasa-eup, Dalseong-gun, Daegu, KOR, 42921

Website

https://www.pimkorea.com/ko

PIM Korea Co Ltd is a global company specializing in parts and materials. It is involved in lead metal powder injection, centrifugal casting, and processing methods and strive to build state-of-the-art facilities and develop new technologies to continuously promote new businesses and lead new trends in the parts business with differentiated strategies.

PIM Korea Co Headlines

No Headlines