PT Bintang Oto Global Tbk (ISX:BOGA) ROCE % : 6.40% (As of Mar. 2024)

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What is PT Bintang Oto Global Tbk 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. PT Bintang Oto Global Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.40%.

PT Bintang Oto Global Tbk ROCE % Historical Data

The historical data trend for PT Bintang Oto Global Tbk'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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PT Bintang Oto Global Tbk ROCE % Chart

PT Bintang Oto Global Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.50

4.71

8.46

7.68

6.56

PT Bintang Oto Global Tbk 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															10.86	10.28	5.82	4.17	6.40

PT Bintang Oto Global Tbk ROCE % Calculation

PT Bintang Oto Global Tbk'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 )
	=	46404.61	/	( ( (904862.042 - 198183.006)	+	(825238.301 - 117093.087) )	/ 2 )
	=	46404.61	/	( (706679.036	+	708145.214)	/ 2 )
	=	46404.61	/	707412.125
	=	6.56 %

PT Bintang Oto Global Tbk'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 )
	=	45415.2	/	( ( (825238.301 - 117093.087)	+	(868092.511 - 157125.474) )	/ 2 )
	=	45415.2	/	( ( 708145.214	+	710967.037 )	/ 2 )
	=	45415.2	/	709556.1255
	=	6.40 %

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

PT Bintang Oto Global Tbk (ISX:BOGA) 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.

PT Bintang Oto Global Tbk ROCE % Related Terms

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PT Bintang Oto Global Tbk (ISX:BOGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Bintang Oto Global Tbk (ISX:BOGA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan S Supriadi No 19-22, Sukun, Jawa Timur, Malang, IDN

Website

https://www.bintangotoglobal.com

PT Bintang Oto Global Tbk is engaged in auto dealerships. The company offers auto rental, car retail, maintenance, and after-sales service. It operates in Motor Vehicles and Spare Parts, Operating Leases, and Other segments. It derives the majority of its revenue from the Motor Vehicles and Spare Parts segment.

PT Bintang Oto Global Tbk (ISX:BOGA) Headlines

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