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Sawang Export PCL (BKK:SAWANG) ROIC % : -4.70% (As of Dec. 2024)


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What is Sawang Export PCL ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Sawang Export PCL's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was -4.70%.

As of today (2025-03-15), Sawang Export PCL's WACC % is 5.33%. Sawang Export PCL's ROIC % is -4.74% (calculated using TTM income statement data). Sawang Export PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Sawang Export PCL ROIC % Historical Data

The historical data trend for Sawang Export PCL's ROIC % 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.

Sawang Export PCL ROIC % Chart

Sawang Export PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.53 -2.99 -3.71 -2.84 -4.74

Sawang Export PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.49 -2.75 -3.45 -7.69 -4.70

Competitive Comparison of Sawang Export PCL's ROIC %

For the Luxury Goods subindustry, Sawang Export PCL's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sawang Export PCL's ROIC % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sawang Export PCL's ROIC % distribution charts can be found below:

* The bar in red indicates where Sawang Export PCL's ROIC % falls into.



Sawang Export PCL ROIC % Calculation

Sawang Export PCL's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROIC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=-14.463 * ( 1 - -0.66% )/( (323.867 + 290.481)/ 2 )
=-14.5584558/307.174
=-4.74 %

where

Sawang Export PCL's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

ROIC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-13.908 * ( 1 - -1.83% )/( (311.843 + 290.481)/ 2 )
=-14.1625164/301.162
=-4.70 %

where

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

* 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.


Sawang Export PCL  (BKK:SAWANG) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Sawang Export PCL's WACC % is 5.33%. Sawang Export PCL's ROIC % is -4.74% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Sawang Export PCL ROIC % Related Terms

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Sawang Export PCL Business Description

Traded in Other Exchanges
Address
305 Surawongse Road, 307-307/1-4, 56, Bangrak, Bangkok, THA, 10500
Sawang Export PCL is engaged in the manufacturing and distributing of precious stones and jewelry. The company offers precious and semi-precious stones with expertise on Ruby and sapphire; and Gold and silver jewelry set with diamonds, Colored stones and Synthetic stones, including rings, earrings, and pendants. The organization operates in a single business segment being, Manufacturer and distributor of precious stones and jewelry.

Sawang Export PCL Headlines

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