Saintmed PCL (BKK:SMD) ROCE % : -4.29% (As of Mar. 2024)

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What is Saintmed 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. Saintmed PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.29%.

Saintmed PCL ROCE % Historical Data

The historical data trend for Saintmed 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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Saintmed PCL ROCE % Chart

Saintmed PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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38.68

35.22

61.41

35.76

9.27

Saintmed PCL Quarterly Data
	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													3.65	12.88	5.91	14.60	-4.29

Saintmed PCL ROCE % Calculation

Saintmed 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 )
	=	96.93	/	( ( (1210.574 - 98.43)	+	(1079.906 - 101.437) )	/ 2 )
	=	96.93	/	( (1112.144	+	978.469)	/ 2 )
	=	96.93	/	1045.3065
	=	9.27 %

Saintmed 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 )
	=	-40.8	/	( ( (1079.906 - 101.437)	+	(1022.11 - 97.509) )	/ 2 )
	=	-40.8	/	( ( 978.469	+	924.601 )	/ 2 )
	=	-40.8	/	951.535
	=	-4.29 %

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

Saintmed PCL (BKK:SMD) 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.

Saintmed PCL ROCE % Related Terms

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Saintmed PCL (BKK:SMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Saintmed PCL (BKK:SMD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

222,222/1-2 Moo 1, Rattanathibet Road, West Inn Complex Building, 10th Floor, Bang Rak Yai Subdistrict, Bang Bua Thong District, Nonthaburi Province, Bangkok, THA, 11110

Website

https://www.saintmed.com

Saintmed PCL is engaged in the distribution of medical devices and equipment, rental services for medical equipment and other services related to medical. It operates in Thailand.

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