LaserBond (ASX:LBL) ROCE % : 6.88% (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is LaserBond 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. LaserBond's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.88%.

LaserBond ROCE % Historical Data

The historical data trend for LaserBond'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.

* Premium members only.

LaserBond ROCE % Chart

LaserBond Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

26.83

18.06

19.54

17.86

12.88

LaserBond 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															16.00	19.24	11.53	14.41	6.88

LaserBond ROCE % Calculation

LaserBond'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 )
	=	6.079	/	( ( (51.832 - 9.264)	+	(60.666 - 8.847) )	/ 2 )
	=	6.079	/	( (42.568	+	51.819)	/ 2 )
	=	6.079	/	47.1935
	=	12.88 %

LaserBond'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 )
	=	3.53	/	( ( (60.666 - 8.847)	+	(60.419 - 9.629) )	/ 2 )
	=	3.53	/	( ( 51.819	+	50.79 )	/ 2 )
	=	3.53	/	51.3045
	=	6.88 %

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

LaserBond (ASX:LBL) 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.

LaserBond ROCE % Related Terms

Thank you for viewing the detailed overview of LaserBond's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

LaserBond Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LaserBond Ltd (ASX:LBL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/57 Anderson Road, Smeaton Grange, Sydney, NSW, AUS, 2567

Website

https://www.laserbond.com.au

LaserBond Ltd is engaged in the manufacture and reclamation of industrial components and assemblies used in capital-intensive industries and environments such as mining, minerals processing, energy, construction, and primary metals manufacturing. The company's operating segment includes Services, Products, Technology and Research and Development. It generates maximum revenue from the services segment. Geographically, it operates only in Australia. The company serves Mining, Drilling, Mineral processing, Power Generation, Transport and Marine, Fluid Handling, and Other Industries.

LaserBond Headlines

No Headlines