LEVGQ (The Lion Electric Co) ROCE %: -14.37% (As of Sep. 2024)


LEVGQ The Lion Electric Co LEVGQ
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What is The Lion Electric Co ROCE %?

The Lion Electric Co LEVGQ 12 ROCE % is -14.37% as of Sep. 2024. GuruFocus rates LEVGQ with a GF Score™ of 12/100.

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. The Lion Electric Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -14.37%.

The Lion Electric Co  (OTCPK:LEVGQ) 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.

The Lion Electric Co ROCE % Related Terms

The Lion Electric Co ROCE % Historical Data

* Premium members only.

The historical data trend for The Lion Electric Co'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.

The Lion Electric Co ROCE % Chart

The Lion Electric Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
0.00 -428.98 -13.27 3.17 -13.42

The Lion Electric Co Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.23 -28.10 -6.28 -4.63 -14.37
LEVGQ
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The Lion Electric Co LEVGQ
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The Lion Electric Co ROCE % Calculation

The Lion Electric Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-88.863/( ( (710.411 - 81.092) + (841.121 - 145.733) )/ 2 )
=-88.863/( (629.319+695.388)/ 2 )
=-88.863/662.3535
=-13.42 %

The Lion Electric Co'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: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-84.428/( ( (771.915 - 117.355) + (780.2 - 259.89) )/ 2 )
=-84.428/( ( 654.56 + 520.31 )/ 2 )
=-84.428/587.435
=-14.37 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -14.37% mean?
The Lion Electric Co (LEVGQ) has a ROCE % of -14.37% as of Sep. 2024.
Is The Lion Electric Co's ROCE % too high?
The Lion Electric Co's current ROCE % is -14.37%. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's ROCE % compare to UGRO and NKLAQ?
The Lion Electric Co's ROCE % of -14.37% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.18, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Farm & Heavy Construction Machinery industry, the median ROCE % is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lion Electric Co's current ROCE % is -14.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current ROCE % of -14.37%. The current ROCE % is -14.37%. The Lion Electric Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For The Lion Electric Co (LEVGQ), the current ROCE % is -14.37% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Lion Electric Co Business Description

Address 921 chemin de la Riviere-du-Nord, Saint-Jerome, QC, CAN, J7Y 5G2
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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