AbaCore Capital Holdings (PHS:ABA) ROCE % : -0.25% (As of Mar. 2024)

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What is AbaCore Capital Holdings 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. AbaCore Capital Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.25%.

AbaCore Capital Holdings ROCE % Historical Data

The historical data trend for AbaCore Capital Holdings'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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AbaCore Capital Holdings ROCE % Chart

AbaCore Capital Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.02

-0.74

35.95

12.93

14.26

AbaCore Capital Holdings 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															6.64	0.06	1.63	48.73	-0.25

AbaCore Capital Holdings ROCE % Calculation

AbaCore Capital Holdings'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 )
	=	2872.483	/	( ( (19509.85 - 891.596)	+	(23288.638 - 1621.177) )	/ 2 )
	=	2872.483	/	( (18618.254	+	21667.461)	/ 2 )
	=	2872.483	/	20142.8575
	=	14.26 %

AbaCore Capital Holdings'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 )
	=	-54.908	/	( ( (23288.638 - 1621.177)	+	(23183.421 - 1433.806) )	/ 2 )
	=	-54.908	/	( ( 21667.461	+	21749.615 )	/ 2 )
	=	-54.908	/	21708.538
	=	-0.25 %

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

AbaCore Capital Holdings (PHS:ABA) 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.

AbaCore Capital Holdings ROCE % Related Terms

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AbaCore Capital Holdings (PHS:ABA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AbaCore Capital Holdings Inc (PHS:ABA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 JP Rizal Street, Brgy. Milagrosa, Project 4, Quezon, PHL, 1109

Website

https://www.abacorecapital.com

AbaCore Capital Holdings Inc is a Philippine-based investment holding firm. The company operates in three segments. Holding segment comprises purchasing, owning, holding, transferring, or disposing of real properties, including shares of stocks and other securities; Real estate segment comprises of purchase and development of properties and other related construction projects; and Other segments that involve in mining and exploration and investment in other small divisions. Majority of its revenue comes from the Philippine market.

AbaCore Capital Holdings (PHS:ABA) Headlines

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