PT Sinar Eka Selaras Tbk (ISX:ERAL) ROCE % : 21.75% (As of Dec. 2023)

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What is PT Sinar Eka Selaras Tbk 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. PT Sinar Eka Selaras Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.75%.

PT Sinar Eka Selaras Tbk ROCE % Historical Data

The historical data trend for PT Sinar Eka Selaras Tbk'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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PT Sinar Eka Selaras Tbk ROCE % Chart

PT Sinar Eka Selaras Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

20.88

36.39

28.71

21.75

PT Sinar Eka Selaras Tbk Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
ROCE %	20.88	36.39	28.71	21.75

PT Sinar Eka Selaras Tbk ROCE % Calculation

PT Sinar Eka Selaras Tbk'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 )
	=	276318.163	/	( ( (1382478.387 - 393509.763)	+	(1999801.504 - 447858.201) )	/ 2 )
	=	276318.163	/	( (988968.624	+	1551943.303)	/ 2 )
	=	276318.163	/	1270455.9635
	=	21.75 %

PT Sinar Eka Selaras Tbk'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 )
	=	276318.163	/	( ( (1382478.387 - 393509.763)	+	(1999801.504 - 447858.201) )	/ 2 )
	=	276318.163	/	( ( 988968.624	+	1551943.303 )	/ 2 )
	=	276318.163	/	1270455.9635
	=	21.75 %

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

PT Sinar Eka Selaras Tbk (ISX:ERAL) 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.

PT Sinar Eka Selaras Tbk ROCE % Related Terms

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PT Sinar Eka Selaras Tbk (ISX:ERAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Sinar Eka Selaras Tbk (ISX:ERAL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Bandengan Selatan No. 19-20, Erajaya Plaza, Pekojan, Tambora, Jakarta Barat, Jakarta, IDN, 11240

Website

https://www.ses.id

PT Sinar Eka Selaras Tbk is a company engaged in the end-to-end retail products trading business that focuses on computers and electronic equipment as well as clothing for several brands in Indonesia. It focuses on sales of lifestyle-related products such as accessories, Internet of Things (IoT), sports fashion apparel, as well as other outdoor activity-related products with a variety of stores, from multi-brand concepts like Urban Republic & JD Sports stores to mono-brand concepts like Asics, DJI, Garmin, and other several brands. Its vision is to become an active lifestyle company and a mission to provide innovative solutions and outstanding services through a world-class active lifestyle product portfolio, supported by the Omni-Channel Network spread throughout the country.

PT Sinar Eka Selaras Tbk (ISX:ERAL) Headlines

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