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NAP Nyrt (BUD:NAP) ROCE % : 9.76% (As of Jun. 2024)


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What is NAP Nyrt 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. NAP Nyrt's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.76%.

NAP Nyrt ROCE % Historical Data

The historical data trend for NAP Nyrt'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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NAP Nyrt ROCE % Chart

NAP Nyrt Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
- 3.74 12.80 8.90

NAP Nyrt Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial 12.72 14.18 10.37 7.89 9.76

NAP Nyrt ROCE % Calculation

NAP Nyrt'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 )
=1702.505/( ( (18934.434 - 961.563) + (21246.589 - 953.631) )/ 2 )
=1702.505/( (17972.871+20292.958)/ 2 )
=1702.505/19132.9145
=8.90 %

NAP Nyrt'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 )
=2088.158/( ( (21246.589 - 953.631) + (24067.932 - 1582.713) )/ 2 )
=2088.158/( ( 20292.958 + 22485.219 )/ 2 )
=2088.158/21389.0885
=9.76 %

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

NAP Nyrt  (BUD:NAP) 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.

NAP Nyrt ROCE % Related Terms

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NAP Nyrt Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NAP Nyrt (BUD:NAP) » Definitions » ROCE %
Comparable Companies
BUD:ENEFI BUD:PANNERGY SHSE:600900 GEV CEG ISX:BREN WBO:VER SHSE:600025 OCSE:ORSTED SHSE:600905 BOM:541450 BSP:ELET3 SHSE:600886 OHEL:FORTUM SZSE:001289 TSE:9503 BSE:H2O SHSE:600795 NSE:NTPCGREEN XLIS:EDPR
Traded in Other Exchanges
N/A
Address
Timar utca 20, Budapest, HUN, 1034
Website
https://www.nap.solar
NAP Nyrt is a renewable electricity producer company. It acquires project companies that own solar power plants and by carrying out solar power plant investments.