Phinma (PHS:PHN) ROCE % : 10.99% (As of Dec. 2023)

View and export this data going back to 1958. Start your Free Trial

What is Phinma 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. Phinma's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.99%.

Phinma ROCE % Historical Data

The historical data trend for Phinma'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.

Phinma ROCE % Chart

Phinma Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.77

7.12

12.90

9.33

11.01

Phinma Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															6.87	10.61	1.63	20.66	10.99

Phinma ROCE % Calculation

Phinma'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 )
	=	2749.399	/	( ( (32011.025 - 7434.531)	+	(43478.956 - 18115.541) )	/ 2 )
	=	2749.399	/	( (24576.494	+	25363.415)	/ 2 )
	=	2749.399	/	24969.9545
	=	11.01 %

Phinma's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2776.952	/	( ( (42308.121 - 17126.532)	+	(43478.956 - 18115.541) )	/ 2 )
	=	2776.952	/	( ( 25181.589	+	25363.415 )	/ 2 )
	=	2776.952	/	25272.502
	=	10.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Phinma (PHS:PHN) 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.

Phinma ROCE % Related Terms

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

Phinma (PHS:PHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Phinma Corp (PHS:PHN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Plaza Drive, 12th Floor, Phinma Plaza, Rockwell Center, Makati, PHL, 1210

Website

https://www.phinma.com.ph

Phinma Corp is engaged in the investment in shares of various subsidiaries, associates, affiliates, and other marketable equity securities. The company's segments include Investment holdings; Property development; Construction materials; Educational services and Business process outsourcing (BPO). It derives key revenue from the Construction materials segment which encompasses the operations of the cement trading. It also involves the activities of manufacturing and trading of iron and steel products, and providing solar rooftop systems to customers.

Phinma (PHS:PHN) Headlines

No Headlines