Readyplanet PCL (BKK:READY) ROCE % : 19.78% (As of Dec. 2023)

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What is Readyplanet 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. Readyplanet PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.78%.

Readyplanet PCL ROCE % Historical Data

The historical data trend for Readyplanet 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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Readyplanet PCL ROCE % Chart

Readyplanet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-98.31

16.99

21.71

21.29

Readyplanet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial						26.99	15.85	17.38	17.85	19.78

Readyplanet PCL ROCE % Calculation

Readyplanet 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 )
	=	39.848	/	( ( (256.663 - 133.707)	+	(380.532 - 129.152) )	/ 2 )
	=	39.848	/	( (122.956	+	251.38)	/ 2 )
	=	39.848	/	187.168
	=	21.29 %

Readyplanet PCL'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	48.816	/	( ( (377.426 - 135.116)	+	(380.532 - 129.152) )	/ 2 )
	=	48.816	/	( ( 242.31	+	251.38 )	/ 2 )
	=	48.816	/	246.845
	=	19.78 %

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

Readyplanet PCL (BKK:READY) 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.

Readyplanet PCL ROCE % Related Terms

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Readyplanet PCL (BKK:READY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Readyplanet PCL (BKK:READY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 9 Road, 51 Major Tower Rama 9 - Ramkumhang 17th Floor, Unit 1701 - 1706, Huamak, Bangkapi, Bangkok, THA, 10240

Website

https://www.readyplanet.com

Readyplanet PCL is Thailand based company. The company is engaged in providing All-in-One Sales and Marketing Platform which is covered website, online advertising and customer relationship management systems. The Group comprises of the following segments namely Self Services and Managed Services.

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