Model Solution Co (XKRX:417970) ROCE % : 5.04% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Model Solution Co 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. Model Solution Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.04%.

Model Solution Co ROCE % Historical Data

The historical data trend for Model Solution Co'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.

Model Solution Co ROCE % Chart

Model Solution Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

31.90

26.52

31.16

17.78

2.78

Model Solution Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							6.71	7.14	0.99	-4.48	5.04

Model Solution Co ROCE % Calculation

Model Solution Co'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 )
	=	1977.036	/	( ( (89371.437 - 11855.018)	+	(85112.945 - 20510.172) )	/ 2 )
	=	1977.036	/	( (77516.419	+	64602.773)	/ 2 )
	=	1977.036	/	71059.596
	=	2.78 %

Model Solution Co'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 )
	=	3259.016	/	( ( (85112.945 - 20510.172)	+	(84108.26 - 19347.56) )	/ 2 )
	=	3259.016	/	( ( 64602.773	+	64760.7 )	/ 2 )
	=	3259.016	/	64681.7365
	=	5.04 %

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

Model Solution Co (XKRX:417970) 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.

Model Solution Co ROCE % Related Terms

Thank you for viewing the detailed overview of Model Solution Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Model Solution Co (XKRX:417970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Model Solution Co Ltd (XKRX:417970) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Cherry Blossom-ro 20-gil, Geumcheon-gu, Seoul, KOR, 08582

Website

https://www.model-solution.com

Model Solution Co Ltd manufactures and supports prototypes of new products that incorporate cutting-edge technologies such as IT devices, electronic products, and medical/healthcare devices through a variety of solutions including rapid prototypes, precision machining, quick-turn tooling and molding.

Model Solution Co (XKRX:417970) Headlines

No Headlines