DSG (Diamond S Shipping Group) ROCE %: 3.99% (As of Mar. 2013)


What is Diamond S Shipping Group ROCE %?

Diamond S Shipping Group DSG ROCE % is 3.99% as of Mar. 2013. The stock has 1 warning sign investors should review.

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. Diamond S Shipping Group's annualized ROCE % for the quarter that ended in Mar. 2013 was 3.99%.

Diamond S Shipping Group  (NYSE:DSG) 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.

Diamond S Shipping Group ROCE % Related Terms

Diamond S Shipping Group ROCE % Historical Data

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The historical data trend for Diamond S Shipping Group'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.

Diamond S Shipping Group ROCE % Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
ROCE %
0.72 3.99

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
ROCE % 0.72 3.99

Diamond S Shipping Group ROCE % Calculation

Diamond S Shipping Group's annualized ROCE % for the fiscal year that ended in Mar. 2013 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2013 )  (A: Mar. 2012 )(A: Mar. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2013 )  (A: Mar. 2012 )(A: Mar. 2013 )
=44.439/( ( (1225.534 - 81.354) + (1168.143 - 87.209) )/ 2 )
=44.439/( (1144.18+1080.934)/ 2 )
=44.439/1112.557
=3.99 %

Diamond S Shipping Group's ROCE % of for the quarter that ended in Mar. 2013 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2013 )  (Q: Mar. 2012 )(Q: Mar. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2013 )  (Q: Mar. 2012 )(Q: Mar. 2013 )
=44.439/( ( (1225.534 - 81.354) + (1168.143 - 87.209) )/ 2 )
=44.439/( ( 1144.18 + 1080.934 )/ 2 )
=44.439/1112.557
=3.99 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2013) 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 3.99% mean?
Diamond S Shipping Group (DSG) has a ROCE % of 3.99% as of Mar. 2013.
Is Diamond S Shipping Group's ROCE % too high?
Diamond S Shipping Group's current ROCE % is 3.99%. The Transportation industry median ROCE % is 7.74. Diamond S Shipping Group's value of 3.99% is 48.4% below this industry median.
How does Diamond S Shipping Group's ROCE % compare to PRGNF and TEUFF?
Diamond S Shipping Group's ROCE % of 3.99% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Diamond S Shipping Group's value of 3.99% is 48.4% below 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 Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 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. Diamond S Shipping Group's current ROCE % of 3.99% is 48.4% below 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 Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond S Shipping Group's current ROCE % is 3.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond S Shipping Group stock overvalued right now?
Diamond S Shipping Group (DSG) has a current ROCE % of 3.99%. The current ROCE % is 3.99% and 48.4% below the Transportation industry median of 7.74. 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 Diamond S Shipping Group (DSG), the current ROCE % is 3.99% as of Mar. 2013. 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.

Diamond S Shipping Group Business Description

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.