Transmetro (ASX:TCO) ROCE % : 14.68% (As of Dec. 2024)

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What is Transmetro 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. Transmetro's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.68%.

Transmetro ROCE % Historical Data

The historical data trend for Transmetro'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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Transmetro ROCE % Chart

Transmetro Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-1.42

-21.74

21.20

11.29

9.73

Transmetro 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															15.87	5.32	9.98	9.38	14.68

Transmetro ROCE % Calculation

Transmetro'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 )
	=	3.458	/	( ( (42.844 - 6.899)	+	(41.476 - 6.325) )	/ 2 )
	=	3.458	/	( (35.945	+	35.151)	/ 2 )
	=	3.458	/	35.548
	=	9.73 %

Transmetro'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 )
	=	5.166	/	( ( (41.476 - 6.325)	+	(41.251 - 6.012) )	/ 2 )
	=	5.166	/	( ( 35.151	+	35.239 )	/ 2 )
	=	5.166	/	35.195
	=	14.68 %

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

Transmetro (ASX:TCO) 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.

Transmetro ROCE % Related Terms

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Transmetro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Transmetro Corp Ltd (ASX:TCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

330 Wattle Street, Suite 53, Level 3, Ultimo, Sydney, NSW, AUS, 2007

Website

https://www.metrohotels.com.au

Transmetro Corp Ltd provides lodging services. The firm is managed on the basis of service offerings. It also operates a chain of Metro hotels through Metro Hospitality Group which is the trading division of the company. Its segments include Hotels, Inns & Apartments, and Theme Pub. It derives substantial revenue from the Hotels, Inns & Apartments segment.