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Crest Nicholson Holdings (Crest Nicholson Holdings) ROCE % : 0.29% (As of Oct. 2023)


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What is Crest Nicholson 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. Crest Nicholson Holdings's annualized ROCE % for the quarter that ended in Oct. 2023 was 0.29%.


Crest Nicholson Holdings ROCE % Historical Data

The historical data trend for Crest Nicholson 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.

* Premium members only.

Crest Nicholson Holdings ROCE % Chart

Crest Nicholson Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.83 0.04 9.05 3.49 3.47

Crest Nicholson Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.02 -8.23 15.48 6.71 0.29

Crest Nicholson Holdings ROCE % Calculation

Crest Nicholson Holdings's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=44.702/( ( (1790.476 - 545.238) + (1863.946 - 534.348) )/ 2 )
=44.702/( (1245.238+1329.598)/ 2 )
=44.702/1287.418
=3.47 %

Crest Nicholson Holdings's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=3.898/( ( (1821.046 - 461.768) + (1863.946 - 534.348) )/ 2 )
=3.898/( ( 1359.278 + 1329.598 )/ 2 )
=3.898/1344.438
=0.29 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2023) EBIT data.

* 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.


Crest Nicholson Holdings  (GREY:CRNHY) 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.


Crest Nicholson Holdings ROCE % Related Terms

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Crest Nicholson Holdings (Crest Nicholson Holdings) Business Description

Traded in Other Exchanges
Address
500 Dashwood Lang Road, Bourne Business Park,, Addlestone, Surrey, GBR, KT15 2HJ
Crest Nicholson Holdings PLC is a British construction company that focuses on residential property in the southern half of England. The company plans, designs, and builds single-family housing communities, apartment and townhome complexes, and commercial properties. Crest Nicholson completes approximately 3,000 homes annually with an average selling price around EUR 300,000. It is known for its particular expertise in homebuilding in the surrounding regions of London such as Surrey, Kent, Bristol, and Sussex. The company also participates in land development and planning to support its future projects.