Progressive Planet Solutions (FRA:ARB3) ROCE % : 10.70% (As of Oct. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Progressive Planet Solutions 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. Progressive Planet Solutions's annualized ROCE % for the quarter that ended in Oct. 2024 was 10.70%.

Progressive Planet Solutions ROCE % Historical Data

The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions ROCE % Chart

Progressive Planet Solutions Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

Get a 7-Day Free Trial

-77.86

-87.03

-23.93

-2.47

1.73

Progressive Planet Solutions Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															-0.52	8.44	4.83	8.59	10.70

Progressive Planet Solutions ROCE % Calculation

Progressive Planet Solutions's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	0.28	/	( ( (18.145 - 2.122)	+	(17.929 - 1.56) )	/ 2 )
	=	0.28	/	( (16.023	+	16.369)	/ 2 )
	=	0.28	/	16.196
	=	1.73 %

Progressive Planet Solutions's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	1.724	/	( ( (17.77 - 1.542)	+	(17.474 - 1.486) )	/ 2 )
	=	1.724	/	( ( 16.228	+	15.988 )	/ 2 )
	=	1.724	/	16.108
	=	10.70 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2024) EBIT data.

Progressive Planet Solutions (FRA:ARB3) 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.

Progressive Planet Solutions ROCE % Related Terms

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

Progressive Planet Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Progressive Planet Solutions Inc (FRA:ARB3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ASHXF:USA PLAN:Canada

Address

724 Sarcee Street East, Kamloops, BC, CAN, V2H 1E7

Website

https://www.progressiveplanet.com

Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.

Progressive Planet Solutions Headlines

No Headlines