NSL Foods PCL (BKK:NSL) ROCE % : 32.63% (As of Dec. 2023)

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What is NSL Foods 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. NSL Foods PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 32.63%.

NSL Foods PCL ROCE % Historical Data

The historical data trend for NSL Foods 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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NSL Foods PCL ROCE % Chart

NSL Foods PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

25.21

25.64

22.00

25.47

27.13

NSL Foods PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												26.83	25.34	27.95	24.55	32.63

NSL Foods PCL ROCE % Calculation

NSL Foods 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 )
	=	428.241	/	( ( (2289.655 - 773.56)	+	(2499.601 - 859.309) )	/ 2 )
	=	428.241	/	( (1516.095	+	1640.292)	/ 2 )
	=	428.241	/	1578.1935
	=	27.13 %

NSL Foods 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 )
	=	518.58	/	( ( (2374.332 - 836.549)	+	(2499.601 - 859.309) )	/ 2 )
	=	518.58	/	( ( 1537.783	+	1640.292 )	/ 2 )
	=	518.58	/	1589.0375
	=	32.63 %

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

NSL Foods PCL (BKK:NSL) 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.

NSL Foods PCL ROCE % Related Terms

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NSL Foods PCL (BKK:NSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NSL Foods PCL (BKK:NSL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

55/22 Moo 3, Bangbuathong-Nonthaburi bridge (345) Road, Tambol Lam Pho, Ampher Bang Bua Thong, Nonthaburi, THA, 11110

Website

https://www.nslfoods.com

NSL Foods PCL is a bakery manufacturer supplying chilled products to the large convenient stores in Thailand. The company's products include hot sandwiches, chilled bakeries, and ready-to-eat products. Its brands include PANGTAI, Butterfin, and Chilee. The company has two segments which are manufacturing and distributing all kinds of bakery segments and Wholesalers of frozen and processed fish, aquatic products, meat, seaweeds, and vegetables. It operates in one geographical area which is Thailand.

NSL Foods PCL (BKK:NSL) Headlines

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