CEPS (LSE:CEPS) ROCE % : 15.86% (As of Dec. 2023)

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What is CEPS 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. CEPS's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.86%.

CEPS ROCE % Historical Data

The historical data trend for CEPS'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.

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CEPS ROCE % Chart

CEPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.51

-2.61

15.47

14.56

17.10

CEPS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															14.99	12.59	16.29	18.27	15.86

CEPS ROCE % Calculation

CEPS'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 )
	=	2.563	/	( ( (21.521 - 6.571)	+	(22.745 - 7.71) )	/ 2 )
	=	2.563	/	( (14.95	+	15.035)	/ 2 )
	=	2.563	/	14.9925
	=	17.10 %

CEPS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	2.386	/	( ( (23.228 - 8.178)	+	(22.745 - 7.71) )	/ 2 )
	=	2.386	/	( ( 15.05	+	15.035 )	/ 2 )
	=	2.386	/	15.0425
	=	15.86 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

CEPS (LSE:CEPS) 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.

CEPS ROCE % Related Terms

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CEPS (LSE:CEPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CEPS PLC (LSE:CEPS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Laura Place, Bath, GBR, BA2 4BL

Website

https://www.cepsplc.com

CEPS PLC is a UK-based industrial holding company. It is engaged in acquiring majority stakes in stable, profitable, and steadily growing entrepreneurial companies. The business activity of the group is operated through Aford Awards, Friedman's, and Hickton Group segments. The Aford Awards segment operates as a sports trophy and engraving company. Friedman's segment converts and distributes specialist Lycra. Its Hickton Group segment is a provider of services to the construction industry. The company generates maximum revenue from the Hickton Group segment.

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