IFS Capital Holdings (Thailand) PCL (BKK:IFS) ROCE % : 10.85% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is IFS Capital Holdings (Thailand) 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. IFS Capital Holdings (Thailand) PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.85%.

IFS Capital Holdings (Thailand) PCL ROCE % Historical Data

The historical data trend for IFS Capital Holdings (Thailand) 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.

IFS Capital Holdings (Thailand) PCL ROCE % Chart

IFS Capital Holdings (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.63

11.06

10.74

12.00

11.08

IFS Capital Holdings (Thailand) 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															11.58	10.45	10.23	12.39	10.85

IFS Capital Holdings (Thailand) PCL ROCE % Calculation

IFS Capital Holdings (Thailand) 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 )
	=	202.725	/	( ( (3764.671 - 1937.173)	+	(3818.055 - 1986.003) )	/ 2 )
	=	202.725	/	( (1827.498	+	1832.052)	/ 2 )
	=	202.725	/	1829.775
	=	11.08 %

IFS Capital Holdings (Thailand) 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 )
	=	200.052	/	( ( (3818.055 - 1986.003)	+	(3623.828 - 1767.989) )	/ 2 )
	=	200.052	/	( ( 1832.052	+	1855.839 )	/ 2 )
	=	200.052	/	1843.9455
	=	10.85 %

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

IFS Capital Holdings (Thailand) PCL (BKK:IFS) 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.

IFS Capital Holdings (Thailand) PCL ROCE % Related Terms

Thank you for viewing the detailed overview of IFS Capital Holdings (Thailand) PCL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

IFS Capital Holdings (Thailand) PCL (BKK:IFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IFS Capital Holdings (Thailand) PCL (BKK:IFS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1168/55 Rama IV Road, 20th Floor Lumpini Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.ifscapthai.com

IFS Capital Holdings (Thailand) PCL is a Thailand-based company which is involved in three business segments. A factoring business is a short-term loan that provides liquidity to the business immediately and enables the business to increase its turnover in the form of buying accounts receivable. The factoring facility applies to both domestic and international sales. Hire purchase and finance leasing businesses are long-term loans for investment in the business industry. Others encompass a range of activities from corporate decisions, income and expenses not attributed to the business segments described. The majority is derived from Factoring Business.