Genuit Group (LSE:GEN) ROCE % : 5.79% (As of Dec. 2023)

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What is Genuit 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. Genuit Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.79%.

Genuit Group ROCE % Historical Data

The historical data trend for Genuit 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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Genuit Group ROCE % Chart

Genuit Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.76

4.92

9.02

5.88

7.02

Genuit Group 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															6.93	7.82	3.77	8.05	5.79

Genuit Group ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	61.2	/	( ( (1028.2 - 132.6)	+	(978.8 - 130.8) )	/ 2 )
	=	61.2	/	( (895.6	+	848)	/ 2 )
	=	61.2	/	871.8
	=	7.02 %

Genuit 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 )
	=	50.4	/	( ( (1028.7 - 135.5)	+	(978.8 - 130.8) )	/ 2 )
	=	50.4	/	( ( 893.2	+	848 )	/ 2 )
	=	50.4	/	870.6
	=	5.79 %

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

Genuit Group (LSE:GEN) 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.

Genuit Group ROCE % Related Terms

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Genuit Group (LSE:GEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Genuit Group PLC (LSE:GEN) » Definitions » ROCE %

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GENl:UK 0P5:Germany

Address

4 Victoria Place, Holbeck, Leeds, GBR, LS11 5AE

Website

https://www.polypipe.com

Genuit Group PLC develops plastic piping and energy ventilation systems for residential, commercial, and infrastructure sectors. The company has two reporting segments: residential systems and commercial & infrastructure systems. Polypipe offers drainage systems, soil and waste, below-ground drainage, and resilience in the residential market. Engineering solutions will also help replace materials like concrete and clay in the civil and infrastructure space. An array of services in the civil and infrastructure market helps the company develop high-performing and reliable products for the U.K. market. The group derives its revenue from the residential sectors.