Stella-Jones (Stella-Jones) ROCE % : 11.10% (As of Dec. 2023)

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What is Stella-Jones 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. Stella-Jones's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.10%.

Stella-Jones ROCE % Historical Data

The historical data trend for Stella-Jones'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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Stella-Jones ROCE % Chart

Stella-Jones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.21

14.54

14.08

13.33

16.35

Stella-Jones 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															8.83	13.15	20.49	21.66	11.10

Stella-Jones ROCE % Calculation

Stella-Jones'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 )
	=	371.944	/	( ( (2262.054 - 190.651)	+	(2763.864 - 286.225) )	/ 2 )
	=	371.944	/	( (2071.403	+	2477.639)	/ 2 )
	=	371.944	/	2274.521
	=	16.35 %

Stella-Jones'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 )
	=	265.356	/	( ( (2623.605 - 320.745)	+	(2763.864 - 286.225) )	/ 2 )
	=	265.356	/	( ( 2302.86	+	2477.639 )	/ 2 )
	=	265.356	/	2390.2495
	=	11.10 %

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

Stella-Jones (OTCPK:STLJF) 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.

Stella-Jones ROCE % Related Terms

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Stella-Jones (Stella-Jones) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stella-Jones Inc (OTCPK:STLJF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

97S:Germany SJ:Canada

Address

3100 de la Cote-Vertu Boulevard, Suite 300, Saint-Laurent, QC, CAN, H4R 2J8

Website

https://www.stella-jones.com

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company's procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment. Its geographical segments are the United States and Canada, of which the majority of its revenue is derived from the United States.

Stella-Jones (Stella-Jones) Headlines

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By GlobeNewswire GlobeNewswire • 11-03-2021

Stella-Jones signs agreement to purchase Cahaba Pressure Treated Forest Products

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