Market Connections Asia PCL (BKK:MCA) ROCE % : 13.84% (As of Dec. 2023)

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What is Market Connections Asia 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. Market Connections Asia PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.84%.

Market Connections Asia PCL ROCE % Historical Data

The historical data trend for Market Connections Asia 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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Market Connections Asia PCL ROCE % Chart

Market Connections Asia PCL Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

3.86

19.84

14.71

Market Connections Asia PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	18.39	21.13	26.06	13.84

Market Connections Asia PCL ROCE % Calculation

Market Connections Asia 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 )
	=	30.801	/	( ( (161.181 - 47.461)	+	(359.882 - 54.71) )	/ 2 )
	=	30.801	/	( (113.72	+	305.172)	/ 2 )
	=	30.801	/	209.446
	=	14.71 %

Market Connections Asia 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	30.02	/	( ( (173.938 - 45.313)	+	(359.882 - 54.71) )	/ 2 )
	=	30.02	/	( ( 128.625	+	305.172 )	/ 2 )
	=	30.02	/	216.8985
	=	13.84 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Market Connections Asia PCL (BKK:MCA) 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.

Market Connections Asia PCL ROCE % Related Terms

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Market Connections Asia PCL (BKK:MCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230

Website

https://www.marketconnectionsasia.com

Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, and Merchandising. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.

Market Connections Asia PCL (BKK:MCA) Headlines

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