Cia Paranaense De Energia Copel (BSP:CPLE5) ROCE % : 8.21% (As of Sep. 2024)

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What is Cia Paranaense De Energia Copel 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. Cia Paranaense De Energia Copel's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.21%.

Cia Paranaense De Energia Copel ROCE % Historical Data

The historical data trend for Cia Paranaense De Energia Copel'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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Cia Paranaense De Energia Copel ROCE % Chart

Cia Paranaense De Energia Copel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.25

14.64

11.75

2.46

5.79

Cia Paranaense De Energia Copel Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															1.30	7.74	6.83	5.88	8.21

Cia Paranaense De Energia Copel ROCE % Calculation

Cia Paranaense De Energia Copel'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 )
	=	2579.594	/	( ( (49703.7 - 7156.597)	+	(55819.074 - 9309.433) )	/ 2 )
	=	2579.594	/	( (42547.103	+	46509.641)	/ 2 )
	=	2579.594	/	44528.372
	=	5.79 %

Cia Paranaense De Energia Copel's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	3813.092	/	( ( (56614.36 - 9912.187)	+	(56553.81 - 10344.091) )	/ 2 )
	=	3813.092	/	( ( 46702.173	+	46209.719 )	/ 2 )
	=	3813.092	/	46455.946
	=	8.21 %

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

Cia Paranaense De Energia Copel (BSP:CPLE5) 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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Cia Paranaense De Energia Copel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Paranaense De Energia Copel (BSP:CPLE5) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ELPC:USA ELP:USA XCOP:Spain ELPA:Germany ELPA:Germany CPLE6:Brazil CPLE3:Brazil

Address

Rua Jose Izidoro Biazetto, 158, Bloco A, Mossungue, Curitiba, PR, BRA, 81200-240

Website

https://www.copel.com

Cia Paranaense De Energia Copel is engaged in the areas of generation, transmission, commercialization and distribution of energy. It operates a comprehensive and effective electrical system with its own generating plants, transmission lines, substations, electrical lines and grids of the distribution system. The company's reportable segments include Power generation and transmission, Power distribution, GAS, Power sale, Holding and Services. Majority of its revenue is generated from the Power generation and transmission segment under which it produces electricity from hydraulic, wind, and thermal projects and provides services of transmission and transformation of electric power and other related services.

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