IES Holdings (XTAE:IES) ROCE % : 4.17% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is IES Holdings 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. IES Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.17%.

IES Holdings ROCE % Historical Data

The historical data trend for IES Holdings'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.

IES Holdings ROCE % Chart

IES Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.81

7.18

37.06

18.97

4.54

IES Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.59	3.62	8.09	2.87	4.17

IES Holdings ROCE % Calculation

IES Holdings'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 )
	=	80.198	/	( ( (1746.145 - 10.003)	+	(1812.117 - 12.021) )	/ 2 )
	=	80.198	/	( (1736.142	+	1800.096)	/ 2 )
	=	80.198	/	1768.119
	=	4.54 %

IES Holdings'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 )
	=	75.468	/	( ( (1812.117 - 12.021)	+	(1828.161 - 11.892) )	/ 2 )
	=	75.468	/	( ( 1800.096	+	1816.269 )	/ 2 )
	=	75.468	/	1808.1825
	=	4.17 %

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

IES Holdings (XTAE:IES) 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.

IES Holdings ROCE % Related Terms

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

IES Holdings (XTAE:IES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IES Holdings Ltd (XTAE:IES) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Montefiore Street, Tel Aviv, ISR, 65201

Website

http://www.ies.com

IES Holdings Ltd is an investment and holding group with major interests in real estate. The company real estate projects include Andromeda Hill project, Palmachim Industrial Park, and Sochi Tower project. It also invests in other companies.

IES Holdings (XTAE:IES) Headlines

No Headlines