GUD Holdings (ASX:GUD) ROCE % : 11.17% (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is GUD 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. GUD Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.17%.

GUD Holdings ROCE % Historical Data

The historical data trend for GUD 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.

GUD Holdings ROCE % Chart

GUD Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

20.42

14.39

15.26

6.36

9.88

GUD Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															8.21	3.72	8.80	10.59	11.17

GUD Holdings ROCE % Calculation

GUD Holdings'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 )
	=	158.339	/	( ( (1882.881 - 258.791)	+	(1792.928 - 213) )	/ 2 )
	=	158.339	/	( (1624.09	+	1579.928)	/ 2 )
	=	158.339	/	1602.009
	=	9.88 %

GUD Holdings'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 )
	=	170.096	/	( ( (1792.928 - 213)	+	(1722.921 - 257.841) )	/ 2 )
	=	170.096	/	( ( 1579.928	+	1465.08 )	/ 2 )
	=	170.096	/	1522.504
	=	11.17 %

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

GUD Holdings (ASX:GUD) 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.

GUD Holdings ROCE % Related Terms

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

GUD Holdings (ASX:GUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GUD Holdings Ltd (ASX:GUD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GUQ:Germany

Address

29 Taras Avenue, Altona North, Melbourne, VIC, AUS, 3025

Website

https://www.gud.com.au

GUD Holdings owns a portfolio of brands in Australia and New Zealand across two business segments: automotive and AutoPacific. The automotive segment, which constitutes the vast majority of earnings, distributes aftermarket automotive spare parts, including filters, gaskets, brakes, lighting, and electronic accessories under brands such as Ryco, Wesfil, and Narva. AutoPacific Group, or APG, designs, manufactures and distributes 4WD and trailering accessories.

GUD Holdings (ASX:GUD) Headlines

No Headlines