Zen Group PCL (BKK:ZEN) ROCE % : 6.70% (As of Mar. 2024)

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What is Zen Group 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. Zen Group PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.70%.

Zen Group PCL ROCE % Historical Data

The historical data trend for Zen Group 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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Zen Group PCL ROCE % Chart

Zen Group PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.39

-2.76

-3.66

12.30

11.77

Zen Group PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															16.02	11.03	11.96	11.33	6.70

Zen Group PCL ROCE % Calculation

Zen Group 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 )
	=	253.932	/	( ( (2830.247 - 807.705)	+	(3239.849 - 945.77) )	/ 2 )
	=	253.932	/	( (2022.542	+	2294.079)	/ 2 )
	=	253.932	/	2158.3105
	=	11.77 %

Zen Group 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 )
	=	154.804	/	( ( (3239.849 - 945.77)	+	(3230.292 - 903.599) )	/ 2 )
	=	154.804	/	( ( 2294.079	+	2326.693 )	/ 2 )
	=	154.804	/	2310.386
	=	6.70 %

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

Zen Group PCL (BKK:ZEN) 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.

Zen Group PCL ROCE % Related Terms

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Zen Group PCL (BKK:ZEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Zen Corp Group PCL (BKK:ZEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

662 Soi On Nut 17, Kwang Suanluang, Khet Suanluang, Bangkok, THA, 10250

Website

https://www.zengroup.co.th

Zen Corp Group PCL operates restaurants in Japan. It offers Japanese food, ranging from premium sushi and Yakiniku restaurants to contemporary Japanese cafes. The company operates ZEN Japanese Restaurant, Musha, AKA, On the Table and Sushi Cyu. the company operates in only one segment that is the Food business. the majority of the revenue is generated from the sales of food and beverages in Thailand.