Randon Implementos E Participacoes (BSP:RAPT4) ROCE % : 13.03% (As of Dec. 2023)

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What is Randon Implementos E 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. Randon Implementos E Participacoes's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.03%.

Randon Implementos E Participacoes ROCE % Historical Data

The historical data trend for Randon Implementos E 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.

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Randon Implementos E Participacoes ROCE % Chart

Randon Implementos E Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.94

25.84

19.85

17.99

17.15

Randon Implementos E 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															13.50	18.66	24.68	24.72	13.03

Randon Implementos E Participacoes ROCE % Calculation

Randon Implementos E 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 )
	=	1520.715	/	( ( (12882.347 - 3900.956)	+	(12820.143 - 4070.902) )	/ 2 )
	=	1520.715	/	( (8981.391	+	8749.241)	/ 2 )
	=	1520.715	/	8865.316
	=	17.15 %

Randon Implementos E 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 )
	=	1170.228	/	( ( (12767.413 - 3551.919)	+	(12820.143 - 4070.902) )	/ 2 )
	=	1170.228	/	( ( 9215.494	+	8749.241 )	/ 2 )
	=	1170.228	/	8982.3675
	=	13.03 %

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

Randon Implementos E Participacoes (BSP:RAPT4) 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.

Randon Implementos E Participacoes ROCE % Related Terms

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Randon Implementos E Participacoes (BSP:RAPT4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Randon SA Implementos E Participacoes (BSP:RAPT4) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RAPT3:Brazil

Address

Av Abramo Randon 770, Caxias Do Sul, RS, BRA, 95055010

Website

http://www.randon.com.br

Randon SA Implementos E Participacoes is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The company is engaged in the following segments Road / Railroad Equipment & Specialty Vehicles, Auto Parts and Services and others. Its products include various wagon types, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers, brake and transmission system. The firm generates its major part of the revenue from road, railroad equipment and specialty vehicles segment.

Randon Implementos E Participacoes (BSP:RAPT4) Headlines

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