8990 Holdings (PHS:HOUSE) ROCE % : 11.51% (As of Mar. 2024)

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What is 8990 Holdings 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. 8990 Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.51%.

8990 Holdings ROCE % Historical Data

The historical data trend for 8990 Holdings'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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8990 Holdings ROCE % Chart

8990 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.26

14.05

16.54

15.55

13.14

8990 Holdings 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															15.02	10.39	18.02	5.28	11.51

8990 Holdings ROCE % Calculation

8990 Holdings'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 )
	=	10049.945	/	( ( (103337.233 - 30855.393)	+	(108986.411 - 28451.671) )	/ 2 )
	=	10049.945	/	( (72481.84	+	80534.74)	/ 2 )
	=	10049.945	/	76508.29
	=	13.14 %

8990 Holdings'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 )
	=	9602.2	/	( ( (108986.411 - 28451.671)	+	(110565.836 - 24186.351) )	/ 2 )
	=	9602.2	/	( ( 80534.74	+	86379.485 )	/ 2 )
	=	9602.2	/	83457.1125
	=	11.51 %

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

8990 Holdings (PHS:HOUSE) 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.

8990 Holdings ROCE % Related Terms

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8990 Holdings (PHS:HOUSE) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » 8990 Holdings Inc (PHS:HOUSE) » Definitions » ROCE %

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8990B.PFD:Philippines

Address

104 H.V. Dela Costa Street, Unit 1104, 11th Floor, Liberty Center, Salcedo Village, Makati, PHL, 1200

Website

https://www.8990holdings.com

8990 Holdings Inc is a holding company with subsidies that operate in housing and resort real estate development. The group's operating segments are managed in four separate segments according to the nature of their products and markets as follows: Low-cost Mass Housing, Medium-rise Condominium, High-rise Condominium, and Others. The Low-Cost Mass Housing segment caters to the development and sale of residential lots and units, and it is responsible for generating a majority of the company's revenue. All the company's operations take place in the Philippines where it earns all its revenue.

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