Johns Lyng Group (ASX:JLG) ROCE % : 11.80% (As of Dec. 2024)

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What is Johns Lyng Group 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. Johns Lyng Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.80%.

Johns Lyng Group ROCE % Historical Data

The historical data trend for Johns Lyng Group'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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Johns Lyng Group ROCE % Chart

Johns Lyng Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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44.74

41.48

24.62

22.96

19.52

Johns Lyng Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial										24.93	20.31	19.68	18.14	11.80

Johns Lyng Group ROCE % Calculation

Johns Lyng Group'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 )
	=	96.62	/	( ( (785.482 - 319.579)	+	(786.071 - 261.802) )	/ 2 )
	=	96.62	/	( (465.903	+	524.269)	/ 2 )
	=	96.62	/	495.086
	=	19.52 %

Johns Lyng Group'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 )
	=	72.058	/	( ( (786.071 - 261.802)	+	(960.447 - 263.535) )	/ 2 )
	=	72.058	/	( ( 524.269	+	696.912 )	/ 2 )
	=	72.058	/	610.5905
	=	11.80 %

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

Johns Lyng Group (ASX:JLG) 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.

Johns Lyng Group ROCE % Related Terms

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Johns Lyng Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Johns Lyng Group Ltd (ASX:JLG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Williamsons Road, Doncastor, Melbourne, VIC, AUS, 3108

Website

https://www.johnslyng.com.au

Johns Lyng Group carries out commercial and residential rebuilding and restoration for the insurance industry. It co-ordinates construction work for general building insurance claims and catastrophic events throughout Australia, the US, and New Zealand. Its subsidiary companies support its main operations. These include residential and commercial facility managers, heating, ventilation, and cooling, carpet drying, and shopfitting, among others.

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