PT Nusantarawit Sejahtera Tbk (ISX:NSSS) ROCE % : 7.78% (As of Mar. 2024)

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What is PT Nusantarawit Sejahtera 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 Nusantarawit Sejahtera Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.78%.

PT Nusantarawit Sejahtera Tbk ROCE % Historical Data

The historical data trend for PT Nusantarawit Sejahtera 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 Nusantarawit Sejahtera Tbk ROCE % Chart

PT Nusantarawit Sejahtera Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

0.59

7.36

21.47

11.63

7.65

PT Nusantarawit Sejahtera Tbk Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								-2.14	7.46	10.17	13.33	7.78

PT Nusantarawit Sejahtera Tbk ROCE % Calculation

PT Nusantarawit Sejahtera 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 )
	=	217788.917	/	( ( (3035284.634 - 337096.784)	+	(3672336.125 - 678326.799) )	/ 2 )
	=	217788.917	/	( (2698187.85	+	2994009.326)	/ 2 )
	=	217788.917	/	2846098.588
	=	7.65 %

PT Nusantarawit Sejahtera Tbk'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 )
	=	231051.992	/	( ( (3672336.125 - 678326.799)	+	(3651054.06 - 706822.802) )	/ 2 )
	=	231051.992	/	( ( 2994009.326	+	2944231.258 )	/ 2 )
	=	231051.992	/	2969120.292
	=	7.78 %

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

PT Nusantarawit Sejahtera Tbk (ISX:NSSS) 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 Nusantarawit Sejahtera Tbk ROCE % Related Terms

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PT Nusantarawit Sejahtera Tbk (ISX:NSSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Nusantara Sawit Sejahtera Tbk (ISX:NSSS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan H.R. Rasuna Said Kav.1, Menara Imperium LT20, Suite C, Kelurahan Guntur, Kecamatan Setiabudi, Kota Administrasi, Jakarta Selatan, IDN, 12980

Website

https://www.nssgroup.id

PT Nusantara Sawit Sejahtera Tbk is a company engaged in the business of other management consulting activities which oversees several other companies in the upstream oil palm plantation sector with five plantation areas located in Central Kalimantan, specifically for the sale of quality palm oil products high; Fresh Fruit Bunches, Crude Palm Oil and Palm Seeds.

PT Nusantarawit Sejahtera Tbk (ISX:NSSS) Headlines

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