Global Ports Holding (LSE:GPH) ROCE % : 10.42% (As of Sep. 2023)

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What is Global Ports Holding 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. Global Ports Holding's annualized ROCE % for the quarter that ended in Sep. 2023 was 10.42%.

Global Ports Holding ROCE % Historical Data

The historical data trend for Global Ports Holding'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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Global Ports Holding ROCE % Chart

Global Ports Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

ROCE %

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2.33

5.38

0.51

-2.45

4.37

Global Ports Holding Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial											-3.55	-1.19	4.58	4.50	10.42

Global Ports Holding ROCE % Calculation

Global Ports Holding's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	25.532	/	( ( (616.21 - 83.279)	+	(742.094 - 106.871) )	/ 2 )
	=	25.532	/	( (532.931	+	635.223)	/ 2 )
	=	25.532	/	584.077
	=	4.37 %

Global Ports Holding's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	67.926	/	( ( (742.094 - 106.871)	+	(757.475 - 89.542) )	/ 2 )
	=	67.926	/	( ( 635.223	+	667.933 )	/ 2 )
	=	67.926	/	651.578
	=	10.42 %

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

Global Ports Holding (LSE:GPH) 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.

Global Ports Holding ROCE % Related Terms

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Global Ports Holding (LSE:GPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Ports Holding PLC (LSE:GPH) » Definitions » ROCE %

Traded in Other Exchanges

GPHl:UK 6P9:Germany

Address

Buyukdere Cad Number 193, Levent 193 Plaza, Istanbul, TUR, 34394

Website

https://www.globalportsholding.com

Global Ports Holding PLC is an independent cruise port operator. The company serves the needs of the world's cruise lines, ferries, and mega yachts. The company's portfolio includes assets that range from major cruise hubs such as Barcelona and Venice to high-traffic core ports such as Valletta and Cagliari and Singapore cruise ports. It operates two growing commercial ports in Turkey and Montenegro. The group's reportable segments are Western Mediterranean & Atlantic region, Central Mediterranean region, Americas Region and Eastern Mediterranean and Adriatic region, Other operations.

Global Ports Holding (LSE:GPH) Headlines

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