Pleasant Hotels International lnc (ROCO:2718) ROCE % : 19.42% (As of Mar. 2024)

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What is Pleasant Hotels International lnc 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. Pleasant Hotels International lnc's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.42%.

Pleasant Hotels International lnc ROCE % Historical Data

The historical data trend for Pleasant Hotels International lnc'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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Pleasant Hotels International lnc ROCE % Chart

Pleasant Hotels International lnc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.00

-2.69

-3.28

-2.96

38.32

Pleasant Hotels International lnc 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															64.08	63.24	18.72	10.11	19.42

Pleasant Hotels International lnc ROCE % Calculation

Pleasant Hotels International lnc'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 )
	=	826.085	/	( ( (4206.626 - 2465.056)	+	(4426.367 - 1856.447) )	/ 2 )
	=	826.085	/	( (1741.57	+	2569.92)	/ 2 )
	=	826.085	/	2155.745
	=	38.32 %

Pleasant Hotels International lnc'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 )
	=	512.536	/	( ( (4426.367 - 1856.447)	+	(4753.793 - 2046.592) )	/ 2 )
	=	512.536	/	( ( 2569.92	+	2707.201 )	/ 2 )
	=	512.536	/	2638.5605
	=	19.42 %

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

Pleasant Hotels International lnc (ROCO:2718) 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.

Pleasant Hotels International lnc ROCE % Related Terms

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Pleasant Hotels International lnc (ROCO:2718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pleasant Hotels International lnc (ROCO:2718) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 890, Jingguo Road, Luzhu District, Taoyuan, TWN, 33050

Website

https://www.pleasanthotels.com.tw

Pleasant Hotels International lnc is engaged in entrusting constructors to build and sell congregate housing. It offers spacious and comfortable guest Room service and Dining Services.

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