Austin Engineering (FRA:RZA) ROCE % : 18.61% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Austin Engineering 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. Austin Engineering's annualized ROCE % for the quarter that ended in Dec. 2024 was 18.61%.

Austin Engineering ROCE % Historical Data

The historical data trend for Austin Engineering'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.

Austin Engineering ROCE % Chart

Austin Engineering Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

11.20

5.73

25.20

9.51

28.01

Austin Engineering Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															7.31	11.13	24.94	32.36	18.61

Austin Engineering ROCE % Calculation

Austin Engineering's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	23.818	/	( ( (161.596 - 79.341)	+	(180.742 - 92.936) )	/ 2 )
	=	23.818	/	( (82.255	+	87.806)	/ 2 )
	=	23.818	/	85.0305
	=	28.01 %

Austin Engineering's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	17.078	/	( ( (180.742 - 92.936)	+	(194.962 - 99.204) )	/ 2 )
	=	17.078	/	( ( 87.806	+	95.758 )	/ 2 )
	=	17.078	/	91.782
	=	18.61 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Austin Engineering (FRA:RZA) 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.

Austin Engineering ROCE % Related Terms

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

Austin Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Austin Engineering Ltd (FRA:RZA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AUSTF:USA ANG:Australia

Address

100 Chisholm Crescent, Kewdale, Perth, WA, AUS, 6105

Website

https://www.austineng.com

Austin Engineering Ltd is an Australia-based engineering company. It designs and manufactures customized off-highway truck bodies, buckets, water tanks, tyre handlers, and other ancillary products. It is a complete service provider through the product's life cycle, offering on and off-site repair and maintenance. Its geographical segments include Asia-Pacific, North America, and South America. The company generates maximum revenue from the Asia-Pacific segment which is engaged in mining equipment, other products, and repair and maintenance services located in Australia and Indonesia.

Austin Engineering Headlines

No Headlines