Pemtron (XKRX:168360) ROCE % : -14.72% (As of Mar. 2024)

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What is Pemtron 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. Pemtron's annualized ROCE % for the quarter that ended in Mar. 2024 was -14.72%.

Pemtron ROCE % Historical Data

The historical data trend for Pemtron'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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Pemtron ROCE % Chart

Pemtron Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

28.98

5.25

24.94

22.73

22.06

Pemtron Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					23.98	20.19	16.57	21.86	-14.72

Pemtron ROCE % Calculation

Pemtron'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 )
	=	8630.784	/	( ( (72761.833 - 40237.096)	+	(74697.026 - 28984.171) )	/ 2 )
	=	8630.784	/	( (32524.737	+	45712.855)	/ 2 )
	=	8630.784	/	39118.796
	=	22.06 %

Pemtron'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 )
	=	-6056.696	/	( ( (74697.026 - 28984.171)	+	(78380.778 - 41799.116) )	/ 2 )
	=	-6056.696	/	( ( 45712.855	+	36581.662 )	/ 2 )
	=	-6056.696	/	41147.2585
	=	-14.72 %

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

Pemtron (XKRX:168360) 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.

Pemtron ROCE % Related Terms

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Pemtron (XKRX:168360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pemtron Corp (XKRX:168360) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gasan digital 1-ro, No. 1406, (Byucksan Digital Valley VI, Gasan-Dong) 219, Geumcheon-gu, Seoul, KOR, 08501

Website

https://www.pemtron.com

Pemtron Corp is a manufacturer of materials inspection, measurement and analysis instruments. It develops equipment which is used in various fields such as SMT, automotive field, lead tab, semiconductor, and supplies soldering inspection equipment, 3D mounting inspection equipment, wafer bump 3D inspection equipment, wire bonding 3D inspection equipment, and lead tab process/inspection equipment.

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