Roxas (PHS:RCI) ROCE % : 65.29% (As of Dec. 2023)

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What is Roxas 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. Roxas's annualized ROCE % for the quarter that ended in Dec. 2023 was 65.29%.

Roxas ROCE % Historical Data

The historical data trend for Roxas'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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Roxas ROCE % Chart

Roxas Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.76

-8.71

5.36

9.40

13.84

Roxas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															43.06	-4.64	-4.63	-1.27	65.29

Roxas ROCE % Calculation

Roxas'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 )
	=	1613.133	/	( ( (13815.066 - 3028.787)	+	(15562.673 - 3045.414) )	/ 2 )
	=	1613.133	/	( (10786.279	+	12517.259)	/ 2 )
	=	1613.133	/	11651.769
	=	13.84 %

Roxas's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	7534.332	/	( ( (13618.934 - 3058.31)	+	(15562.673 - 3045.414) )	/ 2 )
	=	7534.332	/	( ( 10560.624	+	12517.259 )	/ 2 )
	=	7534.332	/	11538.9415
	=	65.29 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Roxas (PHS:RCI) 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.

Roxas ROCE % Related Terms

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Roxas (PHS:RCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Roxas & Co Inc (PHS:RCI) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

101 Aguirre Street, 7th Floor, Cacho-Gonzales Building, Legaspi Village, Makati, PHL, 1229

Website

https://www.roxascompany.com.ph

Roxas & Co Inc is primarily engaged in acquiring, owning, developing, selling, and holding investments in real estate and sugar businesses. Its segments include Real Estate, Hotel, Manufacturing, and Others. Its Real Estate segment acquires, develops, subdivides, leases, and sells agricultural, industrial, commercial, residential, and other real properties. The Hotel segment operates hotels. The Manufacturing segment involves RSAI, which is a subsidiary of the parent company and manufacturing arm of the group. RSAI is incorporated primarily to manufacture coconut products for export and domestic consumption. The Others segment owns various tracts of lands in Nasugbu, Batangas, and RGEC, an entity established primarily for renewable energy.