Moog (FRA:MO7A) ROCE % : 12.89% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Moog 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. Moog's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.89%.

Moog ROCE % Historical Data

The historical data trend for Moog'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.

Moog ROCE % Chart

Moog Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

11.72

1.75

9.36

10.09

9.92

Moog Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															10.08	9.21	9.32	10.78	12.89

Moog ROCE % Calculation

Moog's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	262.013	/	( ( (3466.159 - 846.82)	+	(3568.13 - 904.648) )	/ 2 )
	=	262.013	/	( (2619.339	+	2663.482)	/ 2 )
	=	262.013	/	2641.4105
	=	9.92 %

Moog's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	356.048	/	( ( (3656.955 - 926.015)	+	(3715.99 - 924.166) )	/ 2 )
	=	356.048	/	( ( 2730.94	+	2791.824 )	/ 2 )
	=	356.048	/	2761.382
	=	12.89 %

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

Moog (FRA:MO7A) 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.

Moog ROCE % Related Terms

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

Moog (FRA:MO7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Moog Inc (FRA:MO7A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MOG.B:USA MOG.A:USA MO7A:Germany

Address

400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018

Website

https://www.moog.com

Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.

Moog (FRA:MO7A) Headlines

No Headlines