Landsea Homes (FRA:8HJ) ROCE % : 7.15% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Landsea Homes 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. Landsea Homes's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.15%.

Landsea Homes ROCE % Historical Data

The historical data trend for Landsea Homes'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.

* Premium members only.

Landsea Homes ROCE % Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

23.56

1.05

9.07

14.86

4.57

Landsea Homes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												12.69	1.91	2.08	4.50	7.15

Landsea Homes ROCE % Calculation

Landsea Homes'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 )
	=	36.94	/	( ( (1359.828 - 638.468)	+	(1349.12 - 454.965) )	/ 2 )
	=	36.94	/	( (721.36	+	894.155)	/ 2 )
	=	36.94	/	807.7575
	=	4.57 %

Landsea Homes'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 )
	=	63.308	/	( ( (1384.031 - 506.221)	+	(1349.12 - 454.965) )	/ 2 )
	=	63.308	/	( ( 877.81	+	894.155 )	/ 2 )
	=	63.308	/	885.9825
	=	7.15 %

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

Landsea Homes (FRA:8HJ) 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.

Landsea Homes ROCE % Related Terms

Thank you for viewing the detailed overview of Landsea Homes's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Landsea Homes (FRA:8HJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (FRA:8HJ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LSEA:USA

Address

660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.

Landsea Homes (FRA:8HJ) Headlines

No Headlines