>
Switch to:

Seagate Technology ROCE %

: 21.81% (As of Dec. 2020)
View and export this data going back to 2002. Start your Free Trial

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. Seagate Technology's annualized ROCE % for the quarter that ended in Dec. 2020 was 21.81%.


Seagate Technology ROCE % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Seagate Technology Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
ROCE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.94 16.45 25.72 24.80 19.17

Seagate Technology Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
ROCE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.73 25.03 13.54 17.45 21.81

Seagate Technology ROCE % Calculation

Seagate Technology's annualized ROCE % for the fiscal year that ended in Jun. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2020 )  (A: Jun. 2019 )(A: Jun. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2020 )  (A: Jun. 2019 )(A: Jun. 2020 )
=1233/( ( (8885 - 2232) + (8930 - 2722) )/ 2 )
=1233/( (6653+6208)/ 2 )
=1233/6430.5
=19.17 %

Seagate Technology's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=1372/( ( (8862 - 2644) + (8986 - 2621) )/ 2 )
=1372/( ( 6218 + 6365 )/ 2 )
=1372/6291.5
=21.81 %

Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Seagate Technology  (NAS:STX) 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.


Seagate Technology ROCE % Related Terms


Seagate Technology ROCE % Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)