Workpoint Entertainment PCL (BKK:WORK) ROCE % : 1.16% (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Workpoint Entertainment 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. Workpoint Entertainment PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.16%.

Workpoint Entertainment PCL ROCE % Historical Data

The historical data trend for Workpoint Entertainment 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.

* Premium members only.

Workpoint Entertainment PCL ROCE % Chart

Workpoint Entertainment PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.42

4.26

8.67

4.86

0.56

Workpoint Entertainment PCL 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															3.45	4.77	1.49	-7.67	1.16

Workpoint Entertainment PCL ROCE % Calculation

Workpoint Entertainment 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. 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 )
	=	26.955	/	( ( (5200.745 - 322.762)	+	(5121.13 - 384.948) )	/ 2 )
	=	26.955	/	( (4877.983	+	4736.182)	/ 2 )
	=	26.955	/	4807.0825
	=	0.56 %

Workpoint Entertainment 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 )
	=	55.164	/	( ( (5121.13 - 384.948)	+	(5147.364 - 403.166) )	/ 2 )
	=	55.164	/	( ( 4736.182	+	4744.198 )	/ 2 )
	=	55.164	/	4740.19
	=	1.16 %

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

Workpoint Entertainment PCL (BKK:WORK) 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.

Workpoint Entertainment PCL ROCE % Related Terms

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

Workpoint Entertainment PCL (BKK:WORK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Workpoint Entertainment PCL (BKK:WORK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WORK-F:Thailand

Address

99 Moo 2, Tambon Bang Poon, Amphoe Muang Pathum Thani, Pathum thani, THA, 12000

Website

https://www.workpoint.co.th

Workpoint Entertainment PCL is a broadcast television company. The activities of the Group are digital television broadcasting and the production of television programs, animation and computer graphics, movies, concerts and plays, event marketing and sale of goods and services related to the businesses. The company has five segments which are Business of television programs, Business of movies, Business of concerts and plays, Business of event marketing and Business of sale of goods and rendering of other services. It derives majority of the revenue from Business of television programs segment. The majority of revenue comes from Thailand.