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Super Energy Public Co (BKK:SUPER) ROIC % : 1.29% (As of Dec. 2023)


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What is Super Energy Public Co ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Super Energy Public Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2023 was 1.29%.

As of today (2024-05-11), Super Energy Public Co's WACC % is 3.08%. Super Energy Public Co's ROIC % is 1.23% (calculated using TTM income statement data). Super Energy Public Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Super Energy Public Co ROIC % Historical Data

The historical data trend for Super Energy Public Co's ROIC % 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.

Super Energy Public Co ROIC % Chart

Super Energy Public Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 3.96 3.54 3.60 1.23

Super Energy Public Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 4.86 2.78 3.78 1.29

Competitive Comparison of Super Energy Public Co's ROIC %

For the Utilities - Renewable subindustry, Super Energy Public Co's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Super Energy Public Co's ROIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Super Energy Public Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Super Energy Public Co's ROIC % falls into.



Super Energy Public Co ROIC % Calculation

Super Energy Public Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=3911.357 * ( 1 - 68.5% )/( (101245.195 + 98907.939)/ 2 )
=1232.077455/100076.567
=1.23 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=83851.453 - 3714.375 - ( 2124.428 - max(0, 26730.611 - 5622.494+2124.428))
=101245.195

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=81704.561 - 3707.599 - ( 1024.936 - max(0, 26090.7 - 5179.723+1024.936))
=98907.939

Super Energy Public Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2023 is calculated as:

ROIC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=3127.064 * ( 1 - 59.08% )/( (100200.485 + 98907.939)/ 2 )
=1279.5945888/99554.212
=1.29 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=84068.247 - 2952.337 - ( 1319.987 - max(0, 24784.368 - 5699.793+1319.987))
=100200.485

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=81704.561 - 3707.599 - ( 1024.936 - max(0, 26090.7 - 5179.723+1024.936))
=98907.939

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

* 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.


Super Energy Public Co  (BKK:SUPER) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Super Energy Public Co's WACC % is 3.08%. Super Energy Public Co's ROIC % is 1.23% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Super Energy Public Co ROIC % Related Terms

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Super Energy Public Co (BKK:SUPER) Business Description

Traded in Other Exchanges
N/A
Address
Sanpawut Road, 223/61 Country Complex Tower A, 14th Floor, Bangna Tai, Bangkok, THA, 10260
Super Energy Corp Public Co Ltd is an electric utility company serving customers in its home nation of Thailand. Super Energy's three principal businesses are the production and distribution of electricity from alternative energy sources, the Production and sale of untreated water and tap water, and information technology. The company operates and manages a portfolio of solar and biomass power plants. Most of its revenue comes from the sale and distribution of electricity from its solar power facilities. The IT services business also constitutes a significant revenue stream. The company offers engineering, procurement, construction, operation, maintenance, and monitoring services primarily to other solar power plants.

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