Kerry Express (Thailand) PCL (BKK:KEX-F) ROCE % : -152.97% (As of Mar. 2024)

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What is Kerry Express (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. Kerry Express (Thailand) PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was -152.97%.

Kerry Express (Thailand) PCL ROCE % Historical Data

The historical data trend for Kerry Express (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.

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Kerry Express (Thailand) PCL ROCE % Chart

Kerry Express (Thailand) PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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70.94

20.77

0.86

-36.38

-79.84

Kerry Express (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															-53.19	-84.89	-87.03	-109.95	-152.97

Kerry Express (Thailand) PCL ROCE % Calculation

Kerry Express (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 )
	=	-4516.373	/	( ( (12093.235 - 4417.252)	+	(9055.705 - 5417.846) )	/ 2 )
	=	-4516.373	/	( (7675.983	+	3637.859)	/ 2 )
	=	-4516.373	/	5656.921
	=	-79.84 %

Kerry Express (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 )
	=	-4599.696	/	( ( (9055.705 - 5417.846)	+	(9301.538 - 6925.489) )	/ 2 )
	=	-4599.696	/	( ( 3637.859	+	2376.049 )	/ 2 )
	=	-4599.696	/	3006.954
	=	-152.97 %

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

Kerry Express (Thailand) PCL (BKK:KEX-F) 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.

Kerry Express (Thailand) PCL ROCE % Related Terms

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Kerry Express (Thailand) PCL (BKK:KEX-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kerry Express (Thailand) PCL (BKK:KEX-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KEX:Thailand

Address

No. 89, Soi Wat Suanphloo, Charoen Krung Road, 906, 9th Floor, Chao Phraya Tower, Bang Rak, Bangkok, THA, 10500

Website

https://th.kerryexpress.com

Kerry Express (Thailand) PCL is a Thailand based company. The company operates in one segment which is the domestic parcel delivery service.

Kerry Express (Thailand) PCL (BKK:KEX-F) Headlines

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