BiON (LSE:BION) ROCE % : 0.00% (As of Oct. 2022)

View and export this data going back to 2016. Start your Free Trial

What is BiON 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. BiON's annualized ROCE % for the quarter that ended in Oct. 2022 was 0.00%.

BiON ROCE % Historical Data

The historical data trend for BiON'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.

BiON ROCE % Chart

BiON Annual Data

Trend

Sep15

Sep16

Sep17

Dec19

ROCE %

19.44

-3.59

5.03

BiON Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Jun19	Dec19	Jun20	Dec20	Jun21	Oct22
ROCE %	Get a 7-Day Free Trial						22.14	-6.41	-578.66	-	-

BiON ROCE % Calculation

BiON's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Sep. 2017 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Sep. 2017 )		(A: Dec. 2019 )
	=	0.508	/	( ( (19.695 - 10.477)	+	(23.651 - 12.656) )	/ 2 )
	=	0.508	/	( (9.218	+	10.995)	/ 2 )
	=	0.508	/	10.1065
	=	5.03 %

BiON's ROCE % of for the quarter that ended in Oct. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2022 )		(Q: Jun. 2021 )		(Q: Oct. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2022 )		(Q: Jun. 2021 )		(Q: Oct. 2022 )
	=	-0.198	/	( ( (19.57 - 20.758)	+	(0.499 - 0.161) )	/ 2 )
	=	-0.198	/	( ( -1.188	+	0.338 )	/ 2 )
	=	-0.198	/	-0.425
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2022) EBIT data.

BiON (LSE:BION) 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.

BiON ROCE % Related Terms

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

BiON (LSE:BION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BiON PLC (LSE:BION) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dutamas 1, D2-3-1 Solaris Dutamas 1, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.bionplc.com

BiON PLC and its subsidiaries are engaged in research and development, provision of professional engineering consultancy, and process design services. It provides services in the areas of industrial biotechnology, pollution control, and renewable energy; and engineering, procurement, and construction of various wastewater treatment plants/systems; and development, commercialization, operation, and maintenance of renewable energy power plants. The company operates in two business segments providing consulting and contract services to customers in the renewable energy sector and the supply of power to National Grid. The consulting and contract segment generates a vast majority of its revenues.

BiON (LSE:BION) Headlines

No Headlines