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PT Pradiksi Gunatama Tbk (ISX:PGUN) ROCE % : 2.90% (As of Mar. 2024)


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What is PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.90%.


PT Pradiksi Gunatama Tbk ROCE % Historical Data

The historical data trend for PT Pradiksi Gunatama 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.

* Premium members only.

PT Pradiksi Gunatama Tbk ROCE % Chart

PT Pradiksi Gunatama Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
2.43 -1.40 4.45 11.79 8.29

PT Pradiksi Gunatama Tbk Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.08 10.51 15.96 2.29 2.90

PT Pradiksi Gunatama Tbk ROCE % Calculation

PT Pradiksi Gunatama 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 )
=189807.847/( ( (2347517.613 - 197371.837) + (2591476.467 - 161569.378) )/ 2 )
=189807.847/( (2150145.776+2429907.089)/ 2 )
=189807.847/2290026.4325
=8.29 %

PT Pradiksi Gunatama 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 )
=69413.1/( ( (2591476.467 - 161569.378) + (2503602.717 - 149319.554) )/ 2 )
=69413.1/( ( 2429907.089 + 2354283.163 )/ 2 )
=69413.1/2392095.126
=2.90 %

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


PT Pradiksi Gunatama Tbk  (ISX:PGUN) 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 Pradiksi Gunatama Tbk ROCE % Related Terms

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PT Pradiksi Gunatama Tbk (ISX:PGUN) Business Description

Traded in Other Exchanges
N/A
Address
State Road KM, East Kalimantan Province, Paser Regency, 44 District. Batu Enau, Samarinda, IDN, 76261
PT Pradiksi Gunatama Tbk is an oil palm plantation and the construction sector company. Its products include Crude Palm Oil, Palm kernel, Palm kernel shell, Palm Acid Oil.

PT Pradiksi Gunatama Tbk (ISX:PGUN) Headlines

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