PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) ROCE % : 30.18% (As of Mar. 2024)

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What is PT Industri Dan Perdagangan Bintraco Dharma 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 Industri Dan Perdagangan Bintraco Dharma Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 30.18%.

PT Industri Dan Perdagangan Bintraco Dharma Tbk ROCE % Historical Data

The historical data trend for PT Industri Dan Perdagangan Bintraco Dharma 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 Industri Dan Perdagangan Bintraco Dharma Tbk ROCE % Chart

PT Industri Dan Perdagangan Bintraco Dharma Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.34

-22.71

-10.39

18.41

32.11

PT Industri Dan Perdagangan Bintraco Dharma 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															26.86	22.37	27.76	29.34	30.18

PT Industri Dan Perdagangan Bintraco Dharma Tbk ROCE % Calculation

PT Industri Dan Perdagangan Bintraco Dharma 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 )
	=	384656.93	/	( ( (3771473.111 - 2581263.061)	+	(3868921.058 - 2663378.003) )	/ 2 )
	=	384656.93	/	( (1190210.05	+	1205543.055)	/ 2 )
	=	384656.93	/	1197876.5525
	=	32.11 %

PT Industri Dan Perdagangan Bintraco Dharma 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 )
	=	374563.964	/	( ( (3868921.058 - 2663378.003)	+	(3772829.01 - 2496409.7) )	/ 2 )
	=	374563.964	/	( ( 1205543.055	+	1276419.31 )	/ 2 )
	=	374563.964	/	1240981.1825
	=	30.18 %

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

PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) 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 Industri Dan Perdagangan Bintraco Dharma Tbk ROCE % Related Terms

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PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sunburst CBD Lot II No. 3, BSD City, Gedung CARSWORLD Lantai 8, Lengkong Gudang, Serpong, Banten, South Tangerang Selatan, IDN, 15321

Website

https://www.bintracodharma.com

PT Industri Dan Perdagangan Bintraco Dharma Tbk is an Indonesia-based company that engages in the automotive, financing, and other businesses. The services of the company include the sale of vehicles, the repair of vehicles, financing services related to motor vehicles, spare parts distribution, repair services, and trading activities as well as electronic system management services related to automotive that can be accessed through websites and mobile devices. The company also provides services that include general repair and body repair and paint of motor vehicles and sells spare parts and accessories for Toyota vehicles as part of its after-sales services. The company operates into segments namely, automotive, financing, and after-sales services.