Forterra (LSE:FORT) ROCE % : 8.84% (As of Dec. 2024)

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What is Forterra 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. Forterra's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.84%.

Forterra ROCE % Historical Data

The historical data trend for Forterra'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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Forterra ROCE % Chart

Forterra Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-0.92

24.15

27.34

7.35

9.34

Forterra Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															21.57	13.56	1.94	9.63	8.84

Forterra ROCE % Calculation

Forterra's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	33.2	/	( ( (444.7 - 93.9)	+	(442.4 - 81.9) )	/ 2 )
	=	33.2	/	( (350.8	+	360.5)	/ 2 )
	=	33.2	/	355.65
	=	9.34 %

Forterra'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: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	32	/	( ( (455.2 - 91.6)	+	(442.4 - 81.9) )	/ 2 )
	=	32	/	( ( 363.6	+	360.5 )	/ 2 )
	=	32	/	362.05
	=	8.84 %

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

Forterra (LSE:FORT) 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.

Forterra ROCE % Related Terms

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Forterra Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Forterra PLC (LSE:FORT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FORTl:UK

Address

5 Grange Park Court, Roman Way, Northampton, GBR, NN4 5EA

Website

https://www.forterra.co.uk

Forterra PLC operates in the construction industry. The company, with its subsidiaries, manufactures and sale of bricks, dense and lightweight blocks, precast concrete, concrete block paving, and other complementary building products. The company operates in three segments based on its products: Bricks, Blocks, and Bespoke Products. The bricks and block together account for majority of its revenue. The Bespoke Products range comprises precast concrete, concrete block paving, chimney, and roofing solutions.

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