DURCF (Duratec) ROCE % : 35.38% (As of Jun. 2024)

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What is Duratec 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. Duratec's annualized ROCE % for the quarter that ended in Jun. 2024 was 35.38%.

Duratec ROCE % Historical Data

The historical data trend for Duratec'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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Duratec ROCE % Chart

Duratec Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

36.54

24.99

50.15

40.74

Duratec Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			46.47	47.05	58.29	46.70	35.38

Duratec ROCE % Calculation

Duratec's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	20.56	/	( ( (142.572 - 97.922)	+	(149.667 - 93.39) )	/ 2 )
	=	20.56	/	( (44.65	+	56.277)	/ 2 )
	=	20.56	/	50.4635
	=	40.74 %

Duratec'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 )
	=	18.972	/	( ( (139.455 - 88.497)	+	(149.667 - 93.39) )	/ 2 )
	=	18.972	/	( ( 50.958	+	56.277 )	/ 2 )
	=	18.972	/	53.6175
	=	35.38 %

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

Duratec (OTCPK:DURCF) 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.

Duratec ROCE % Related Terms

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Duratec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Duratec Ltd (OTCPK:DURCF) » Definitions » ROCE %

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Traded in Other Exchanges

DUR:Australia

Address

108 Motivation Drive, Wangara, Perth, WA, AUS, 6065

Website

https://www.duratec.com.au

Duratec Ltd is an investment holding company. The company's operating segment includes Defence; Mining and Industrial; Building and Facades, Energy, and Others. It generates maximum revenue from the Defence segment. The company's services include Asset Protection; Building Refurbishment; Infrastructure Upgrades; Recladding; Durability Engineering; Specialist Access Systems; and Construction and Spatial Integration. The company operates in several sectors that have different business cycles and are geographically spread across all States and Territories in Australia.

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