Energy Action (ASX:EAX) ROCE % : 35.11% (As of Dec. 2024)

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What is Energy Action 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. Energy Action's annualized ROCE % for the quarter that ended in Dec. 2024 was 35.11%.

Energy Action ROCE % Historical Data

The historical data trend for Energy Action'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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Energy Action ROCE % Chart

Energy Action Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-27.41

-11.40

-38.95

8.83

21.43

Energy Action Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-14.04	24.06	38.25	23.05	35.11

Energy Action ROCE % Calculation

Energy Action's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	1.31	/	( ( (9.418 - 3.367)	+	(10.449 - 4.277) )	/ 2 )
	=	1.31	/	( (6.051	+	6.172)	/ 2 )
	=	1.31	/	6.1115
	=	21.43 %

Energy Action's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	2.242	/	( ( (10.449 - 4.277)	+	(10.046 - 3.445) )	/ 2 )
	=	2.242	/	( ( 6.172	+	6.601 )	/ 2 )
	=	2.242	/	6.3865
	=	35.11 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Energy Action (ASX:EAX) 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.

Energy Action ROCE % Related Terms

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Energy Action Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Energy Action Ltd (ASX:EAX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Station Street, Level 5, Parramatta, NSW, AUS, 2150

Website

https://www.energyaction.com.au

Energy Action Ltd is engaged in providing integrated energy management services to a diverse base of commercial, industrial and small and medium-sized business customers. It offers electricity and gas procurement services in Australia. The company's core services include Procurement; Managed Services; Retail Services and Other. The company has one operating segment, which provides electricity and gas procurement services, energy management, and retail billing services in Australia. The company provides various services such as Energy Buying, Energy Management, Embedded Networks. It derives a majority of its revenues from Energy Management.

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