SDI Group (LSE:SDI) ROCE % : 9.88% (As of Oct. 2023)

View and export this data going back to 2008. Start your Free Trial

What is SDI 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. SDI Group's annualized ROCE % for the quarter that ended in Oct. 2023 was 9.88%.

SDI Group ROCE % Historical Data

The historical data trend for SDI 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.

* Premium members only.

SDI Group ROCE % Chart

SDI Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

11.73

12.74

18.08

24.27

11.40

SDI Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial															29.80	22.67	18.34	3.39	9.88

SDI Group ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	6.812	/	( ( (68.923 - 18.058)	+	(84.991 - 16.367) )	/ 2 )
	=	6.812	/	( (50.865	+	68.624)	/ 2 )
	=	6.812	/	59.7445
	=	11.40 %

SDI Group's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	6.818	/	( ( (84.991 - 16.367)	+	(80.007 - 10.625) )	/ 2 )
	=	6.818	/	( ( 68.624	+	69.382 )	/ 2 )
	=	6.818	/	69.003
	=	9.88 %

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

SDI Group (LSE:SDI) 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.

SDI Group ROCE % Related Terms

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

SDI Group (LSE:SDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SDI Group PLC (LSE:SDI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SDIIF:USA SD0:Germany

Address

Nuffield Road, Beacon House, Cambridge, GBR, CB4 1TF

Website

http://www.thesdigroup.net

SDI Group PLC designs and manufactures scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing and art conservation markets through Synoptics, the Artemis, the Opus instruments, and Astles Control systems brands. The Digital Imaging segment incorporates the Synoptics brands Syngene, Synbiosis, Synoptics Health and Fistreem, the Atik brands Atik Cameras, Opus and Quantum Scientific Imaging, and the Graticules Optics business. The Sensors & Control segment combines our Sentek, Astles Control Systems, Applied Thermal Control, Thermal Exchange, MPB Industries and Chell Instruments businesses. It operates in the UK, Europe, America, Rest of Asia, and Rest of the world segments. It derives most of its revenues from America segment.