Phoenix Capital Holding AD (XBUL:PCH) ROCE % : 161.68% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Phoenix Capital Holding AD 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. Phoenix Capital Holding AD's annualized ROCE % for the quarter that ended in Dec. 2023 was 161.68%.

Phoenix Capital Holding AD ROCE % Historical Data

The historical data trend for Phoenix Capital Holding AD'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.

* Premium members only.

Phoenix Capital Holding AD ROCE % Chart

Phoenix Capital Holding AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

28.77

5.28

4.55

8.27

30.87

Phoenix Capital Holding AD Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-0.03	24.71	-	-9.28	161.68

Phoenix Capital Holding AD ROCE % Calculation

Phoenix Capital Holding AD'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 )
	=	16.155	/	( ( (76.442 - 27.549)	+	(85.408 - 29.63) )	/ 2 )
	=	16.155	/	( (48.893	+	55.778)	/ 2 )
	=	16.155	/	52.3355
	=	30.87 %

Phoenix Capital Holding AD'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 )
	=	60.984	/	( ( (38.062 - 18.404)	+	(85.408 - 29.63) )	/ 2 )
	=	60.984	/	( ( 19.658	+	55.778 )	/ 2 )
	=	60.984	/	37.718
	=	161.68 %

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

Phoenix Capital Holding AD (XBUL:PCH) 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.

Phoenix Capital Holding AD ROCE % Related Terms

Thank you for viewing the detailed overview of Phoenix Capital Holding AD's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Phoenix Capital Holding AD (XBUL:PCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Capital Holding AD (XBUL:PCH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

47A Tsarigradsko shose Boulevard, Floor 3, Sofia, BGR, 1124

Website

http://www.phoenixcapital.bg

Phoenix Capital Holding AD is engaged in the acquisition of real estate, its management (including rental and construction works and improvements) and sale of the property. The company focuses on residential properties, office buildings, and holiday properties and hotels.