Alcor Micro (ROCO:8054) ROCE % : -5.17% (As of Mar. 2024)

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What is Alcor Micro 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. Alcor Micro's annualized ROCE % for the quarter that ended in Mar. 2024 was -5.17%.

Alcor Micro ROCE % Historical Data

The historical data trend for Alcor Micro'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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Alcor Micro ROCE % Chart

Alcor Micro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.89

-0.25

10.88

2.63

-5.59

Alcor Micro 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															-7.76	-0.08	-5.90	-8.64	-5.17

Alcor Micro ROCE % Calculation

Alcor Micro'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 )
	=	-272.221	/	( ( (4872.139 - 627.779)	+	(6478.304 - 979.178) )	/ 2 )
	=	-272.221	/	( (4244.36	+	5499.126)	/ 2 )
	=	-272.221	/	4871.743
	=	-5.59 %

Alcor Micro'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 )
	=	-282.208	/	( ( (6478.304 - 979.178)	+	(6359.197 - 947.472) )	/ 2 )
	=	-282.208	/	( ( 5499.126	+	5411.725 )	/ 2 )
	=	-282.208	/	5455.4255
	=	-5.17 %

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

Alcor Micro (ROCO:8054) 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.

Alcor Micro ROCE % Related Terms

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Alcor Micro (ROCO:8054) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alcor Micro Corp (ROCO:8054) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.66, Sanchong Road, 9th Floor, Nangang District, Taipei, TWN, 115

Website

https://www.alcormicro.com

Alcor Micro Corp designs develops, and markets integrated semiconductors as well as software solutions for personal computer peripherals and consumer electronics in Taiwan. Its products include SD card controllers, USB flash drive controllers, and SSD controllers.

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