Dowlais Group (Dowlais Group) ROCE % : -16.34% (As of Dec. 2023)

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What is Dowlais Group 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. Dowlais Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -16.34%.

Dowlais Group ROCE % Historical Data

The historical data trend for Dowlais 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.

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Dowlais Group ROCE % Chart

Dowlais Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-2.54

-3.34

-0.27

-8.00

Dowlais Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	1.67	-2.35	-0.53	-16.34

Dowlais Group ROCE % Calculation

Dowlais Group'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 )
	=	-541.772	/	( ( (11920.828 - 4443.362)	+	(7891.139 - 1830.38) )	/ 2 )
	=	-541.772	/	( (7477.466	+	6060.759)	/ 2 )
	=	-541.772	/	6769.1125
	=	-8.00 %

Dowlais Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1045.57	/	( ( (8656.566 - 1920.455)	+	(7891.139 - 1830.38) )	/ 2 )
	=	-1045.57	/	( ( 6736.111	+	6060.759 )	/ 2 )
	=	-1045.57	/	6398.435
	=	-16.34 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Dowlais Group (OTCPK:DWLAF) 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.

Dowlais Group ROCE % Related Terms

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Dowlais Group (Dowlais Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dowlais Group PLC (OTCPK:DWLAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DWLl:UK DWL:UK 6O7:Germany

Address

11 Bressenden Place, 2nd Floor Nova North, London, GBR, SW1E 5BY

Website

https://www.dowlais.com

Dowlais Group PLC is a specialist engineering group focused on the automotive sector. It generates value and capital growth through a portfolio of transformative and innovative businesses.

Dowlais Group (Dowlais Group) Headlines

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