Lb-shell (LSE:LBP) ROCE %: -8.65% (As of May. 2018)


What is Lb-shell ROCE %?

Lb-shell LSE:LBP -22.22% ROCE % is -8.65% as of May. 2018. The stock has 5 warning signs investors should review.

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. Lb-shell's annualized ROCE % for the quarter that ended in May. 2018 was -8.65%.

Lb-shell  (LSE:LBP) 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.

Lb-shell ROCE % Related Terms

Lb-shell ROCE % Historical Data

* Premium members only.

The historical data trend for Lb-shell'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.

Lb-shell ROCE % Chart

Lb-shell Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15
ROCE %
-265.48 0.30 -48.60 -58.55 -49.61

Lb-shell Semi-Annual Data
Sep11 Sep12 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 May18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -54.48 -163.80 -1,301.06 -69.93 -8.65

Lb-shell ROCE % Calculation

Lb-shell's annualized ROCE % for the fiscal year that ended in Sep. 2015 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2015 )  (A: Sep. 2014 )(A: Sep. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2015 )  (A: Sep. 2014 )(A: Sep. 2015 )
=-54.2/( ( (145.4 - 17.6) + (105 - 14.3) )/ 2 )
=-54.2/( (127.8+90.7)/ 2 )
=-54.2/109.25
=-49.61 %

Lb-shell's ROCE % of for the quarter that ended in May. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2018 )  (Q: Mar. 2017 )(Q: May. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2018 )  (Q: Mar. 2017 )(Q: May. 2018 )
=-1.058/( ( (28.3 - 4.1) + (0.303 - 0.045) )/ 2 )
=-1.058/( ( 24.2 + 0.258 )/ 2 )
=-1.058/12.229
=-8.65 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -8.65% mean?
Lb-shell (LSE:LBP) has a ROCE % of -8.65% as of May. 2018.
Is Lb-shell's ROCE % too high?
Lb-shell's current ROCE % is -8.65%.
How does Lb-shell's ROCE % compare to APGI?
Lb-shell's ROCE % of -8.65% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lb-shell's current ROCE % is -8.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lb-shell stock overvalued right now?
Lb-shell (LSE:LBP) has a current ROCE % of -8.65%. The current ROCE % is -8.65%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Lb-shell (LSE:LBP), the current ROCE % is -8.65% as of May. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lb-shell Business Description

Address Holywell Park, Ashby Road, Charnwood Building, Loughborough, Leicestershire, GBR, LE11 3GB
Lb-shell PLC operates through its subsidiary and is engaged in the fuel cell engineering business. It develops proton-exchange membrane hydrogen fuel cells as a clean energy solution for the distributed energy, diesel replacement, automotive and aerial drone markets. Some of the company's products are Fuel cell power for UAVS, Automotive products, and others.