Dexxos Participacoes (BSP:DEXP3) ROCE % : 23.66% (As of Dec. 2023)

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

What is Dexxos Participacoes 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. Dexxos Participacoes's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.66%.

Dexxos Participacoes ROCE % Historical Data

The historical data trend for Dexxos Participacoes'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.

Dexxos Participacoes ROCE % Chart

Dexxos Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.78

32.37

36.62

30.36

27.81

Dexxos Participacoes 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															24.06	35.49	28.75	23.55	23.66

Dexxos Participacoes ROCE % Calculation

Dexxos Participacoes'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 )
	=	304.801	/	( ( (1307.748 - 286.233)	+	(1462.436 - 291.891) )	/ 2 )
	=	304.801	/	( (1021.515	+	1170.545)	/ 2 )
	=	304.801	/	1096.03
	=	27.81 %

Dexxos Participacoes'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 )
	=	271.828	/	( ( (1420.508 - 292.869)	+	(1462.436 - 291.891) )	/ 2 )
	=	271.828	/	( ( 1127.639	+	1170.545 )	/ 2 )
	=	271.828	/	1149.092
	=	23.66 %

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

Dexxos Participacoes (BSP:DEXP3) 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.

Dexxos Participacoes ROCE % Related Terms

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

Dexxos Participacoes (BSP:DEXP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dexxos Participacoes SA (BSP:DEXP3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DEXP4:Brazil

Address

Do Passeio street 70 - 13 Floor, Rio de Janeiro, RJ, BRA, 20021290

Website

http://www.gpc.com.br

Dexxos Participacoes SA formerly GPC Participacoes SA is a holding company. Through its holdings, it is engaged in the steel pipes, and chemical segments. Its activities include production of methanol and its derivative products, manufacturing steel tubes, among others.

Dexxos Participacoes (BSP:DEXP3) Headlines

No Headlines