BBC Co (XKRX:318410) ROCE % : 15.51% (As of Dec. 2023)

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What is BBC Co 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. BBC Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.51%.

BBC Co ROCE % Historical Data

The historical data trend for BBC Co'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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BBC Co ROCE % Chart

BBC Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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32.84

19.11

6.27

2.30

8.43

BBC Co Quarterly Data
	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														-11.81	11.51	2.59	4.33	15.51

BBC Co ROCE % Calculation

BBC Co'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 )
	=	6661.384	/	( ( (83681.005 - 6534.052)	+	(87632.519 - 6795.664) )	/ 2 )
	=	6661.384	/	( (77146.953	+	80836.855)	/ 2 )
	=	6661.384	/	78991.904
	=	8.43 %

BBC Co'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 )
	=	12331.776	/	( ( (86244.19 - 8106.975)	+	(87632.519 - 6795.664) )	/ 2 )
	=	12331.776	/	( ( 78137.215	+	80836.855 )	/ 2 )
	=	12331.776	/	79487.035
	=	15.51 %

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

BBC Co (XKRX:318410) 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.

BBC Co ROCE % Related Terms

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BBC Co (XKRX:318410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BBC Co Ltd (XKRX:318410) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

50, Hogupo-ro, Namdong-gu, Incheon, KOR, 21688

Website

http://www.bbccoltd.com

BBC Co Ltd is a specialty welding tool manufacturer. The company's products include Double Safety Protection; Economical; Economical & Rotational; PNME & ANME Nozzle Type; Korean Type; All in One Type for Diffusion & Concentration; Cutting Torch Nozzles (Tips); Heating Torch Nozzles (Tips); Scarfing Torch; and Scarfing Torch Nozzles (Tips).

BBC Co (XKRX:318410) Headlines

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