Primeserv Group (JSE:PMV) ROCE % : 17.34% (As of Sep. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Primeserv Group 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. Primeserv Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.34%.

Primeserv Group ROCE % Historical Data

The historical data trend for Primeserv Group'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.

Primeserv Group ROCE % Chart

Primeserv Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

18.33

4.44

10.42

13.66

15.30

Primeserv Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															14.03	13.33	16.68	13.88	17.34

Primeserv Group ROCE % Calculation

Primeserv Group's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	28.693	/	( ( (247.38 - 69.23)	+	(281.042 - 84.141) )	/ 2 )
	=	28.693	/	( (178.15	+	196.901)	/ 2 )
	=	28.693	/	187.5255
	=	15.30 %

Primeserv Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	34.496	/	( ( (281.042 - 84.141)	+	(292.724 - 91.784) )	/ 2 )
	=	34.496	/	( ( 196.901	+	200.94 )	/ 2 )
	=	34.496	/	198.9205
	=	17.34 %

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

Primeserv Group (JSE:PMV) 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.

Primeserv Group ROCE % Related Terms

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

Primeserv Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Primeserv Group Ltd (JSE:PMV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Rudd Road, Illovo, Sandton, Johanessburg, GT, ZAF, 2196

Website

https://primeserv.co.za

Primeserv Group Ltd is an investment holding company. The company focuses on business support services delivering specialized human capital management services and solutions. Its operating segment includes Integrated Business Support Services and Shared Services. The company generates maximum revenue from the Integrated Business Support Services segment. It serves various industries such as Agriculture, Automotive, Banking, Construction, Design and Draughting, Transportation, Engineering, Financial and Insurance, Food Production, Government Services, Harbours and Railways, Hospital, Nursing, Medical, Logistics and Distribution Centres, Mechanical, Mining, Paper and Pulp, Petrochemical, Pharmaceutical, Power Generation, Retail and Wholesale, Tourism, Telecoms, Warehousing, Waste Management.

Primeserv Group Headlines

No Headlines