ACEN (PHS:ACEN) ROCE % : 5.30% (As of Mar. 2024)

View and export this data going back to 1970. Start your Free Trial

What is ACEN 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. ACEN's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.30%.

ACEN ROCE % Historical Data

The historical data trend for ACEN'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.

ACEN ROCE % Chart

ACEN Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

2.45

7.26

6.44

8.46

4.64

ACEN 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															5.08	5.77	5.47	2.97	5.30

ACEN ROCE % Calculation

ACEN'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 )
	=	11144.437	/	( ( (232772.563 - 17696.536)	+	(284933.5 - 20043.695) )	/ 2 )
	=	11144.437	/	( (215076.027	+	264889.805)	/ 2 )
	=	11144.437	/	239982.916
	=	4.64 %

ACEN'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 )
	=	14207.4	/	( ( (284933.5 - 20043.695)	+	(289263.273 - 18485.795) )	/ 2 )
	=	14207.4	/	( ( 264889.805	+	270777.478 )	/ 2 )
	=	14207.4	/	267833.6415
	=	5.30 %

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

ACEN (PHS:ACEN) 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.

ACEN ROCE % Related Terms

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

ACEN (PHS:ACEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ACEN Corp (PHS:ACEN) » Definitions » ROCE %

Traded in Other Exchanges

ACPIF:USA

Address

Paseo de Roxas corner Makati Avenue, 35th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226

Website

https://www.acenrenewables.com

ACEN Corp is a Philippines-based energy provider. The company is mainly involved in the business of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and production. The company operates in three segments: The Philippines segment, the International segment, and the Parent and Others segment The Philippines segment, which accounts for the vast majority of its revenue, is into Retail Electricity Supply, Renewables - generation, transmission, distribution, and supply of electricity using renewable sources, Thermal - generation, transmission, distribution, and supply of electricity using the conventional way of energy generation, Project development, Leasing, bulk water supply, and Petroleum and exploration.

ACEN (PHS:ACEN) Headlines

No Headlines