Bangkok Expressway and Metro PCL (STU:B4X) ROCE % : 6.60% (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Bangkok Expressway and Metro 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. Bangkok Expressway and Metro PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.60%.

Bangkok Expressway and Metro PCL ROCE % Historical Data

The historical data trend for Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro PCL ROCE % Chart

Bangkok Expressway and Metro PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.82

2.33

3.18

5.08

6.48

Bangkok Expressway and Metro 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															5.94	6.48	7.11	6.83	6.60

Bangkok Expressway and Metro PCL ROCE % Calculation

Bangkok Expressway and Metro 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 )
	=	172.116	/	( ( (3098.732 - 328.306)	+	(2948.993 - 408.055) )	/ 2 )
	=	172.116	/	( (2770.426	+	2540.938)	/ 2 )
	=	172.116	/	2655.682
	=	6.48 %

Bangkok Expressway and Metro 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 )
	=	170.144	/	( ( (2948.993 - 408.055)	+	(3027.719 - 411.072) )	/ 2 )
	=	170.144	/	( ( 2540.938	+	2616.647 )	/ 2 )
	=	170.144	/	2578.7925
	=	6.60 %

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

Bangkok Expressway and Metro PCL (STU:B4X) 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.

Bangkok Expressway and Metro PCL ROCE % Related Terms

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

Bangkok Expressway and Metro PCL (STU:B4X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Expressway and Metro PCL (STU:B4X) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BEM-F:Thailand BEM:Thailand

Address

587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310

Website

https://www.bemplc.co.th

Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines in Thailand. In conjunction with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment. Additionally, the company leases the retail spaces in the Blue Line metro stations as well as the areas around the expressways.

Bangkok Expressway and Metro PCL (STU:B4X) Headlines

No Headlines