Megaron (WAR:MEG) ROCE %

: 4.77% (As of Sep. 2023)

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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. Megaron's annualized ROCE % for the quarter that ended in Sep. 2023 was 4.77%.

Megaron ROCE % Historical Data

The historical data trend for Megaron'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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Megaron Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

19.59

13.72

13.30

8.66

-1.55

Megaron Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %																3.62	-21.79	5.97	0.76	4.77

Megaron ROCE % Calculation

Megaron's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.433	/	( ( (37.855 - 8.766)	+	(35.879 - 9.138) )	/ 2 )
	=	-0.433	/	( (29.089	+	26.741)	/ 2 )
	=	-0.433	/	27.915
	=	-1.55 %

Megaron's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	1.196	/	( ( (37.857 - 12.577)	+	(37.156 - 12.255) )	/ 2 )
	=	1.196	/	( ( 25.28	+	24.901 )	/ 2 )
	=	1.196	/	25.0905
	=	4.77 %

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

Megaron (WAR:MEG) 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.

Megaron ROCE % Related Terms

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Megaron (WAR:MEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Megaron SA (WAR:MEG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul Pyrzycka 3 e f, Szczecin, POL, 70-892

Website

http://www.megaron.com.pl

Megaron SA is a Poland based company engaged in the production and distribution of building materials. It offers plaster coats, gypsum putty, and assembly adhesives. The company sells its products through distributors and sales representatives.