Arcadyan Technology (TPE:3596) ROCE % : 22.73% (As of Mar. 2024)

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What is Arcadyan Technology 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. Arcadyan Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.73%.

Arcadyan Technology ROCE % Historical Data

The historical data trend for Arcadyan Technology'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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Arcadyan Technology ROCE % Chart

Arcadyan Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.91

18.40

17.20

18.69

22.80

Arcadyan Technology 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															21.18	23.16	26.21	23.98	22.73

Arcadyan Technology ROCE % Calculation

Arcadyan Technology'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 )
	=	3334.46	/	( ( (40020.527 - 25841.325)	+	(38548.659 - 23477.92) )	/ 2 )
	=	3334.46	/	( (14179.202	+	15070.739)	/ 2 )
	=	3334.46	/	14624.9705
	=	22.80 %

Arcadyan Technology'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 )
	=	3331.332	/	( ( (38548.659 - 23477.92)	+	(42715.863 - 28478.905) )	/ 2 )
	=	3331.332	/	( ( 15070.739	+	14236.958 )	/ 2 )
	=	3331.332	/	14653.8485
	=	22.73 %

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

Arcadyan Technology (TPE:3596) 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.

Arcadyan Technology ROCE % Related Terms

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Arcadyan Technology (TPE:3596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arcadyan Technology Corp (TPE:3596) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Sec.2, Guangfu Road, Hsinchu, TWN, 30071

Website

https://www.arcadyan.com

Arcadyan Technology Corp is engaged in the research, development, manufacture, and distribution of wireless local area network products, integrated access devices, digital home multimedia appliances, mobile broadband products, and wireless products. The company's products include digital subscriber line customer premises equipment (DSL CPE), fiber-to-the-x (FTTx) equipment, mobile broadband equipment, set-top boxes, and others. Its products are sold world wide, and it has research and development centers and technical support centers in regions such as Taiwan, China, and the United States. In addition, the group also provides technical consultations and after-sales services.

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