GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gevorkyan CZ sro (XBRA:1GVR001E) » Definitions » ROCE %

Gevorkyan CZ sro (XBRA:1GVR001E) ROCE % : 9.41% (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Gevorkyan CZ sro 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. Gevorkyan CZ sro's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.41%.


Gevorkyan CZ sro ROCE % Historical Data

The historical data trend for Gevorkyan CZ sro'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.

Gevorkyan CZ sro ROCE % Chart

Gevorkyan CZ sro Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 7.79 8.70 6.05 6.75 6.39

Gevorkyan CZ sro Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.86 - - 0.42 9.41

Gevorkyan CZ sro ROCE % Calculation

Gevorkyan CZ sro'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 )
=8.349/( ( (152.478 - 27.713) + (175.174 - 38.472) )/ 2 )
=8.349/( (124.765+136.702)/ 2 )
=8.349/130.7335
=6.39 %

Gevorkyan CZ sro's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=13.628/( ( (175.174 - 38.472) + (178.272 - 25.468) )/ 2 )
=13.628/( ( 136.702 + 152.804 )/ 2 )
=13.628/144.753
=9.41 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

* 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.


Gevorkyan CZ sro  (XBRA:1GVR001E) 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.


Gevorkyan CZ sro ROCE % Related Terms

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


Gevorkyan CZ sro (XBRA:1GVR001E) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Karolinska 661/4, Karlín, Praha 8, Prague, CZE, 186 00
Gevorkyan CZ sro engages in powder metallurgy. Its technologies consist of Powder metallurgy (PM SINTER) Sintering-classical powder metallurgy is the production of metal products from powders by pressing and subsequent high-temperature sintering in furnaces; Metal powder injection moulding (MIM) technology is based on three basic processes: selecting the right combination of metal powders and polymers, injecting the material into the mould and sintering in special furnaces; Hot isostatic pressing (HIP) is the process of compacting powders or castings and sintered parts in a furnace at high pressure and temperature; Additive manufacturing (AM) is the deposition of fine layers of metal powders on a 3D printer followed by sintering.

Gevorkyan CZ sro (XBRA:1GVR001E) Headlines

No Headlines