Don Muang Tollway PCL (BKK:DMT) ROCE % : 14.20% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Don Muang Tollway 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. Don Muang Tollway PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.20%.

Don Muang Tollway PCL ROCE % Historical Data

The historical data trend for Don Muang Tollway 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.

Don Muang Tollway PCL ROCE % Chart

Don Muang Tollway PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

21.11

13.80

5.52

9.78

13.43

Don Muang Tollway PCL Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															10.75	11.75	12.15	15.01	14.20

Don Muang Tollway PCL ROCE % Calculation

Don Muang Tollway 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 )
	=	1274.255	/	( ( (10463.808 - 350.72)	+	(10036.798 - 1169.872) )	/ 2 )
	=	1274.255	/	( (10113.088	+	8866.926)	/ 2 )
	=	1274.255	/	9490.007
	=	13.43 %

Don Muang Tollway PCL'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 )
	=	1272.724	/	( ( (10244.498 - 1181.969)	+	(10036.798 - 1169.872) )	/ 2 )
	=	1272.724	/	( ( 9062.529	+	8866.926 )	/ 2 )
	=	1272.724	/	8964.7275
	=	14.20 %

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

Don Muang Tollway PCL (BKK:DMT) 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.

Don Muang Tollway PCL ROCE % Related Terms

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

Don Muang Tollway PCL (BKK:DMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Don Muang Tollway PCL (BKK:DMT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

40/40 Viphavadi Rangsit Road, Sanambin, Don Muang, Bangkok, THA, 10210

Website

https://www.tollway.co.th

Don Muang Tollway PCL constructs and operates Utra Phimuk - Din Daeng to National Memorial Section, the elevated toll road from Bangkok Metropolitan, and the Northern vicinities as main and direct route to the Center, Northern and North-Eastern part of Thailand. The Company is managed and operates principally in Thailand.

Don Muang Tollway PCL (BKK:DMT) Headlines

No Headlines