Master Style PCL (BKK:MASTER) ROCE % : 15.93% (As of Mar. 2024)

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What is Master Style PCL 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. Master Style PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.93%.

Master Style PCL ROCE % Historical Data

The historical data trend for Master Style PCL'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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Master Style PCL ROCE % Chart

Master Style PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec23

ROCE %

71.66

59.74

29.70

Master Style PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					19.67	14.01	16.69	25.80	15.93

Master Style PCL ROCE % Calculation

Master Style PCL'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. 2021 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2021 )		(A: Dec. 2023 )
	=	534.91	/	( ( (599.938 - 287.874)	+	(3637.229 - 347.778) )	/ 2 )
	=	534.91	/	( (312.064	+	3289.451)	/ 2 )
	=	534.91	/	1800.7575
	=	29.70 %

Master Style PCL'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 )
	=	532.456	/	( ( (3637.229 - 347.778)	+	(3745.97 - 349.996) )	/ 2 )
	=	532.456	/	( ( 3289.451	+	3395.974 )	/ 2 )
	=	532.456	/	3342.7125
	=	15.93 %

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

Master Style PCL (BKK:MASTER) 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.

Master Style PCL ROCE % Related Terms

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Master Style PCL (BKK:MASTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Master Style PCL (BKK:MASTER) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

99/19 Sukhothai Road, Dusit Subdistrict, Dusit District, Bangkok, THA, 10300

Website

https://www.masterpiecehospital.com

Master Style PCL is principally engaged in cosmetic hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include; eye surgery, Nose surgery, Facial surgery, Hair transplant, and Liposuction.

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