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Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) ROCE % : 63.72% (As of Sep. 2023)


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What is Tuimazinskiy Zavod Avtobetonovozov PTC 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. Tuimazinskiy Zavod Avtobetonovozov PTC's annualized ROCE % for the quarter that ended in Sep. 2023 was 63.72%.


Tuimazinskiy Zavod Avtobetonovozov PTC ROCE % Historical Data

The historical data trend for Tuimazinskiy Zavod Avtobetonovozov PTC'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.

Tuimazinskiy Zavod Avtobetonovozov PTC ROCE % Chart

Tuimazinskiy Zavod Avtobetonovozov PTC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -170.32 30.65 134.22 59.62 185.15

Tuimazinskiy Zavod Avtobetonovozov PTC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 101.83 131.95 39.71 - 63.72

Tuimazinskiy Zavod Avtobetonovozov PTC ROCE % Calculation

Tuimazinskiy Zavod Avtobetonovozov PTC's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=327.131/( ( (729.232 - 686.743) + (1104.361 - 793.483) )/ 2 )
=327.131/( (42.489+310.878)/ 2 )
=327.131/176.6835
=185.15 %

Tuimazinskiy Zavod Avtobetonovozov PTC's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=537.216/( ( (3451.95 - 2654.401) + (4170.744 - 3282.136) )/ 2 )
=537.216/( ( 797.549 + 888.608 )/ 2 )
=537.216/843.0785
=63.72 %

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


Tuimazinskiy Zavod Avtobetonovozov PTC  (MIC:TUZA) 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.


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Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) Business Description

Traded in Other Exchanges
N/A
Address
17 Oktyabrya Street, Tuimazy, Republic of Bashkortostan, RUS, 452755
Tuimazinskiy Zavod Avtobetonovozov PTC manufactures special equipment for concrete and other industries. The company specializes in the design and production of special equipment for the construction, municipal, agricultural, oil and gas industries. The product portfolio includes concrete mixers, fire foam, stationary concrete pumps, trailers, among others.

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