Transcend Information (TPE:2451) ROCE % : 21.07% (As of Mar. 2024)

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What is Transcend Information 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. Transcend Information's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.07%.

Transcend Information ROCE % Historical Data

The historical data trend for Transcend Information'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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Transcend Information ROCE % Chart

Transcend Information Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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12.97

10.48

7.80

16.08

16.73

Transcend Information Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															1.43	6.10	12.29	20.85	21.07

Transcend Information ROCE % Calculation

Transcend Information's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	3358.25	/	( ( (22438.501 - 2401.653)	+	(21528.442 - 1426.767) )	/ 2 )
	=	3358.25	/	( (20036.848	+	20101.675)	/ 2 )
	=	3358.25	/	20069.2615
	=	16.73 %

Transcend Information'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	3945.204	/	( ( (21147.813 - 2097.532)	+	(23217.171 - 4825.066) )	/ 2 )
	=	3945.204	/	( ( 19050.281	+	18392.105 )	/ 2 )
	=	3945.204	/	18721.193
	=	21.07 %

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

Transcend Information (TPE:2451) 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.

Transcend Information ROCE % Related Terms

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Transcend Information (TPE:2451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Transcend Information Inc (TPE:2451) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 70, XingZhong Road, NeiHu District, Taipei, TWN

Website

https://www.transcend-info.com

Transcend Information Inc manufactures and distributes memory products for applications in gaming, transportation, healthcare, automation, and military applications. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The firm generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.

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