Fab-Form Industries (TSXV:FBF) ROCE % : 11.47% (As of Dec. 2023)

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What is Fab-Form Industries 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. Fab-Form Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.47%.

Fab-Form Industries ROCE % Historical Data

The historical data trend for Fab-Form Industries'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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Fab-Form Industries ROCE % Chart

Fab-Form Industries Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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45.66

31.22

15.51

38.91

45.87

Fab-Form Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															17.06	11.33	48.22	37.69	11.47

Fab-Form Industries ROCE % Calculation

Fab-Form Industries's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	1.73	/	( ( (3.391 - 0.254)	+	(4.76 - 0.354) )	/ 2 )
	=	1.73	/	( (3.137	+	4.406)	/ 2 )
	=	1.73	/	3.7715
	=	45.87 %

Fab-Form Industries'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	0.596	/	( ( (5.728 - 0.57)	+	(5.671 - 0.435) )	/ 2 )
	=	0.596	/	( ( 5.158	+	5.236 )	/ 2 )
	=	0.596	/	5.197
	=	11.47 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Fab-Form Industries (TSXV:FBF) 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.

Fab-Form Industries ROCE % Related Terms

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Fab-Form Industries (TSXV:FBF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Fab-Form Industries Ltd (TSXV:FBF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1

Website

https://www.fab-form.com

Fab-Form Industries Ltd is a Canadian based company that develops, manufactures and distributes proprietary technology to form concrete footings, columns, foundations and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.

Executives

Nigel Peter Protter

Director

Fab-Form Industries (TSXV:FBF) Headlines

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