GenusPlus Group (ASX:GNP) ROCE % : 20.25% (As of Dec. 2023)

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What is GenusPlus Group 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. GenusPlus Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 20.25%.

GenusPlus Group ROCE % Historical Data

The historical data trend for GenusPlus Group'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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GenusPlus Group ROCE % Chart

GenusPlus Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

29.26

20.62

13.41

GenusPlus Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			32.09	14.16	11.83	15.39	20.25

GenusPlus Group ROCE % Calculation

GenusPlus Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	17.285	/	( ( (231.984 - 107.706)	+	(227.419 - 93.84) )	/ 2 )
	=	17.285	/	( (124.278	+	133.579)	/ 2 )
	=	17.285	/	128.9285
	=	13.41 %

GenusPlus Group'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	27.852	/	( ( (227.419 - 93.84)	+	(238.919 - 97.424) )	/ 2 )
	=	27.852	/	( ( 133.579	+	141.495 )	/ 2 )
	=	27.852	/	137.537
	=	20.25 %

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

GenusPlus Group (ASX:GNP) 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.

GenusPlus Group ROCE % Related Terms

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GenusPlus Group (ASX:GNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GenusPlus Group Ltd (ASX:GNP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GNSPF:USA

Address

63 - 69 Abernethy Road, Level 1, Belmont, Perth, WA, AUS, 6104

Website

https://www.genusplusgroup.com.au

GenusPlus Group Ltd is a services provider in the design, construction, and maintenance of electricity transmission, electricity distribution, and telecommunications infrastructure. Also, the company provides integrated engineering and training services. All of its activities are carried throughout Australia.

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