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Mucklow (A & J) Group (LSE:37HR.PFD) ROCE % : 8.51% (As of Dec. 2018)


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What is Mucklow (A & J) 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. Mucklow (A & J) Group's annualized ROCE % for the quarter that ended in Dec. 2018 was 8.51%.


Mucklow (A & J) Group ROCE % Historical Data

The historical data trend for Mucklow (A & J) 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.

Mucklow (A & J) Group ROCE % Chart

Mucklow (A & J) Group Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.14 18.62 8.22 8.92 17.88

Mucklow (A & J) Group Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 5.99 11.79 16.16 19.83 8.51

Mucklow (A & J) Group ROCE % Calculation

Mucklow (A & J) Group's annualized ROCE % for the fiscal year that ended in Jun. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=72.7/( ( (396.6 - 15.6) + (445.1 - 12.9) )/ 2 )
=72.7/( (381+432.2)/ 2 )
=72.7/406.6
=17.88 %

Mucklow (A & J) Group's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=37.2/( ( (445.1 - 12.9) + (456.5 - 14.9) )/ 2 )
=37.2/( ( 432.2 + 441.6 )/ 2 )
=37.2/436.9
=8.51 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2018) 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.


Mucklow (A & J) Group  (LSE:37HR.PFD) 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.


Mucklow (A & J) Group ROCE % Related Terms

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Mucklow (A & J) Group Business Description

Traded in Other Exchanges
N/A
Address
60 Whitehall Road, Halesowen, West Midlands, GBR, B63 3JS
Mucklow (A & J) Group PLC is a United Kingdom-based real estate investment trust. It is engaged in developing and investing in modern industrial and commercial buildings in prominent locations around the Midlands. The group operates through two reportable segments: investment and development property, and trading property. The main objective of the firm is the long-term enhancement of shareholder value through dividend and capital appreciation. The company's property portfolio includes Access Point, Leamington Spa; Amber Way, Halesowen; Camp Hill, Birmingham; Roman Park, Coleshill; Birchley Island, Oldbury; Coombswood Business Park; Grange Park, Northampton; Middlemarch, Coventry, Nexus Point, Birmingham, and others.

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