GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » International Steels Ltd (KAR:ISL) » Definitions » ROCE %

International Steels (KAR:ISL) ROCE % : 22.34% (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is International Steels 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. International Steels's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.34%.

International Steels ROCE % Historical Data

The historical data trend for International Steels'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.

International Steels ROCE % Chart

International Steels Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.76 49.28 35.27 27.71 20.43

International Steels Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.22 15.92 4.53 8.12 22.34

International Steels ROCE % Calculation

International Steels'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 )
=5204.694/( ( (42391.582 - 17406.612) + (44689.78 - 18733.013) )/ 2 )
=5204.694/( (24984.97+25956.767)/ 2 )
=5204.694/25470.8685
=20.43 %

International Steels'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: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=5543.052/( ( (44431.899 - 19642.579) + (47658.193 - 22816.645) )/ 2 )
=5543.052/( ( 24789.32 + 24841.548 )/ 2 )
=5543.052/24815.434
=22.34 %

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

* 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.

International Steels  (KAR:ISL) 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.

International Steels ROCE % Related Terms

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

International Steels Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » International Steels Ltd (KAR:ISL) » Definitions » ROCE %
Comparable Companies
KAR:MUGHAL KAR:INIL KAR:ASL KAR:CSAP KAR:ASTL KAR:AGHA KAR:ITTEFAQ NUE BOM:500228 TSE:5401 XAMS:MT SHSE:600019 NSE:TATASTEEL STLD RS XKRX:005490 MIC:CHMF SHSE:600010 TPE:2002 BOM:532286
Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101 Beaumont Plaza, Karachi, SD, PAK, 75530
Website
https://www.isl.com.pk
International Steels Ltd manufactures steel products. The company produces cold rolled, galvanized, and colour coated steel coils and sheets. It serves industries like construction, appliances, automotive, agricultural implements, and packaging. Geographically, it caters to both domestic and international markets, of which, a majority of its revenue is generated from domestic sales.