Societatea Nationala Nuclearelectrica (BSE:SNN) ROCE % : 16.45% (As of Jun. 2024)

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What is Societatea Nationala Nuclearelectrica 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. Societatea Nationala Nuclearelectrica's annualized ROCE % for the quarter that ended in Jun. 2024 was 16.45%.

Societatea Nationala Nuclearelectrica ROCE % Historical Data

The historical data trend for Societatea Nationala Nuclearelectrica'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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Societatea Nationala Nuclearelectrica ROCE % Chart

Societatea Nationala Nuclearelectrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.81

10.04

14.12

32.06

24.69

Societatea Nationala Nuclearelectrica Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															31.52	33.87	27.70	23.07	16.45

Societatea Nationala Nuclearelectrica ROCE % Calculation

Societatea Nationala Nuclearelectrica'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 )
	=	2852.01	/	( ( (11792.682 - 803.377)	+	(13149.486 - 1035.587) )	/ 2 )
	=	2852.01	/	( (10989.305	+	12113.899)	/ 2 )
	=	2852.01	/	11551.602
	=	24.69 %

Societatea Nationala Nuclearelectrica'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	1968.934	/	( ( (13149.486 - 1035.587)	+	(12514.893 - 688.674) )	/ 2 )
	=	1968.934	/	( ( 12113.899	+	11826.219 )	/ 2 )
	=	1968.934	/	11970.059
	=	16.45 %

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

Societatea Nationala Nuclearelectrica (BSE:SNN) 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.

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Societatea Nationala Nuclearelectrica Business Description

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Address

Bulevardul Iancu de Hunedoara, Nr. 48, Sector 1, Bucharest, ROU, 010494

Website

https://www.nuclearelectrica.ro

Societatea Nationala Nuclearelectrica SA is a Romania-based company. Its core business is the production and delivery of electricity and heat. The company acts as an electric and thermal power energy producer, the main activity being that of an electricity producer. It also produces nuclear fuel in the shape of CANDU (Canada Deuterium Uranium) type nuclear fuel bundles which are used in its nuclear reactors.