Business Alignment PCL (BKK:BIZ) ROCE % : 16.63% (As of Mar. 2024)

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What is Business Alignment PCL 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. Business Alignment PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.63%.

Business Alignment PCL ROCE % Historical Data

The historical data trend for Business Alignment PCL'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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Business Alignment PCL ROCE % Chart

Business Alignment PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.82

8.15

54.55

16.58

24.88

Business Alignment PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															22.24	19.87	23.89	34.19	16.63

Business Alignment PCL ROCE % Calculation

Business Alignment PCL'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 )
	=	263.501	/	( ( (1406.297 - 405.198)	+	(1477.542 - 360.89) )	/ 2 )
	=	263.501	/	( (1001.099	+	1116.652)	/ 2 )
	=	263.501	/	1058.8755
	=	24.88 %

Business Alignment PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	186.46	/	( ( (1477.542 - 360.89)	+	(1669.257 - 543.138) )	/ 2 )
	=	186.46	/	( ( 1116.652	+	1126.119 )	/ 2 )
	=	186.46	/	1121.3855
	=	16.63 %

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

Business Alignment PCL (BKK:BIZ) 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.

Business Alignment PCL ROCE % Related Terms

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Business Alignment PCL (BKK:BIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Business Alignment PCL (BKK:BIZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Sathorn Road, 92/45 Sathorn Thani Building 2, 16th Floor,, Silom Sub-District, Bangrak District, Bangkok, THA, 10500

Website

https://www.bizalignment.com

Business Alignment PCL is engaged in the distribution and installation of medical equipment for cancer treatment through radiotherapy. The company operates through i) the sale of medical equipment segment which includes installation, repair, and maintenance. In addition, it also focuses on increasing the efficiency of medical equipment and ii) Hospital operations (specialized in cancer treatment). The company is a distributor for Radiotherapy products and Brachytheraphy products in Thailand and Cambodia. Geographically operates through the region of Thailand.

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