Cemacon (BSE:CEON) ROCE %: 10.38% (As of Jun. 2024)


BSE:CEON Cemacon SA BSE:CEON
65 GF Score
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What is Cemacon ROCE %?

Cemacon BSE:CEON 65 ROCE % is 10.38% as of Jun. 2024. GuruFocus rates BSE:CEON with a GF Score™ of 65/100.

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. Cemacon's annualized ROCE % for the quarter that ended in Jun. 2024 was 10.38%.

Cemacon  (BSE:CEON) 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.

Cemacon ROCE % Related Terms

Cemacon ROCE % Historical Data

* Premium members only.

The historical data trend for Cemacon'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.

Cemacon ROCE % Chart

Cemacon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.69 12.58 24.48 24.07 6.00

Cemacon Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.47 7.10 -8.08 -2.04 10.38
BSE:CEON
65GF Score
Cemacon SA BSE:CEON
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Cemacon ROCE % Calculation

Cemacon's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=27.468/( ( (454.649 - 63.07) + (608.276 - 84.997) )/ 2 )
=27.468/( (391.579+523.279)/ 2 )
=27.468/457.429
=6.00 %

Cemacon's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=53.872/( ( (586.789 - 71.567) + (587.898 - 65.011) )/ 2 )
=53.872/( ( 515.222 + 522.887 )/ 2 )
=53.872/519.0545
=10.38 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 10.38% mean?
Cemacon (BSE:CEON) has a ROCE % of 10.38% as of Jun. 2024.
Is Cemacon's ROCE % too high?
Cemacon's current ROCE % is 10.38%. The Building Materials industry median ROCE % is 5.95. Cemacon's value of 10.38% is 74.6% above this industry median. Overall, Cemacon has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Cemacon's ROCE % compare to CRH and VMC?
Cemacon's ROCE % of 10.38% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.95. Cemacon's value of 10.38% is 74.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Building Materials company?
The median ROCE % among Building Materials companies is 5.95, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cemacon's current ROCE % of 10.38% is 74.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Building Materials industry, the median ROCE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cemacon's current ROCE % is 10.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemacon stock overvalued right now?
Cemacon (BSE:CEON) has a current ROCE % of 10.38%. The current ROCE % is 10.38% and 74.6% above the Building Materials industry median of 5.95. Cemacon's overall GF Score™ is 65/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Cemacon (BSE:CEON), the current ROCE % is 10.38% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cemacon Business Description

Address No. 178K, Calea Turzii Street, Hexagon Offices, 1st Floor, Cluj county, Cluj-Napoca, ROU
Cemacon SA is engaged in manufacturing and selling baked clay masonry elements, with use in construction and civil engineering. The company's products are exterior and interior load-bearing masonry, exterior and interior non-bearing masonry, ventilation element, cemacon lintel, chimney system and others.
65GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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