Origin Materials (FRA:5ER) ROCE % : 53.91% (As of Dec. 2023)

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What is Origin Materials 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. Origin Materials's annualized ROCE % for the quarter that ended in Dec. 2023 was 53.91%.

Origin Materials ROCE % Historical Data

The historical data trend for Origin Materials'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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Origin Materials ROCE % Chart

Origin Materials Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-75.53

16.55

16.57

4.88

Origin Materials Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										85.04	-10.37	-5.40	28.21	53.91

Origin Materials ROCE % Calculation

Origin Materials'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 )
	=	20.946	/	( ( (466.053 - 18.703)	+	(423.502 - 11.794) )	/ 2 )
	=	20.946	/	( (447.35	+	411.708)	/ 2 )
	=	20.946	/	429.529
	=	4.88 %

Origin Materials'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	225.732	/	( ( (441.365 - 15.682)	+	(423.502 - 11.794) )	/ 2 )
	=	225.732	/	( ( 425.683	+	411.708 )	/ 2 )
	=	225.732	/	418.6955
	=	53.91 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Origin Materials (FRA:5ER) 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.

Origin Materials ROCE % Related Terms

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Origin Materials (FRA:5ER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Origin Materials Inc (FRA:5ER) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ORGN:USA

Address

930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605

Website

https://www.originmaterials.com

Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process.

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