JTC (LSE:JTC) ROCE % : 7.64% (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is JTC 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. JTC's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.64%.

JTC ROCE % Historical Data

The historical data trend for JTC'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.

JTC ROCE % Chart

JTC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.38

4.96

6.80

7.52

5.74

JTC Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										8.28	6.47	5.96	6.51	7.64

JTC ROCE % Calculation

JTC'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 )
	=	41.947	/	( ( (675.894 - 40.701)	+	(905.099 - 79.244) )	/ 2 )
	=	41.947	/	( (635.193	+	825.855)	/ 2 )
	=	41.947	/	730.524
	=	5.74 %

JTC's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	62.91	/	( ( (905.099 - 79.244)	+	(914.765 - 94.584) )	/ 2 )
	=	62.91	/	( ( 825.855	+	820.181 )	/ 2 )
	=	62.91	/	823.018
	=	7.64 %

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

JTC (LSE:JTC) 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.

JTC ROCE % Related Terms

Thank you for viewing the detailed overview of JTC's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

JTC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JTC PLC (LSE:JTC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JTCPF:USA JTCl:UK

Address

JTC House, 28 Esplanade, P.O. Box 1075, Channel Islands, Saint Helier, JEY, JE2 3QA

Website

https://www.jtcgroup.com

JTC PLC is a Jersey-based company engages in the provision of a fund, corporate, and private client services. The company segments include Institutional Client Services (ICS) and Private Client Services (PCS). It generates maximum revenue from the ICS segment. The company provides company secretarial and administration services to a range of corporate clients comprising small and medium-sized enterprises, public companies, multinationals, sovereign wealth funds, family offices, and private clients. It also offers real estate, private equity, hedge, renewables, debt and other alternatives, sovereign wealth funds.

JTC Headlines

No Headlines