Light Science Technologies Holdings (LSE:LST) ROCE % : 23.98% (As of Nov. 2024)

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What is Light Science Technologies Holdings 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. Light Science Technologies Holdings's annualized ROCE % for the quarter that ended in Nov. 2024 was 23.98%.

Light Science Technologies Holdings ROCE % Historical Data

The historical data trend for Light Science Technologies Holdings'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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Light Science Technologies Holdings ROCE % Chart

Light Science Technologies Holdings Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

ROCE %

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21.48

-70.52

-68.56

-24.69

7.98

Light Science Technologies Holdings Semi-Annual Data
	Nov18	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
ROCE %	Get a 7-Day Free Trial							-86.23	-44.67	-9.55	-8.69	23.98

Light Science Technologies Holdings ROCE % Calculation

Light Science Technologies Holdings's annualized ROCE % for the fiscal year that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2024 )		(A: Nov. 2023 )		(A: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2024 )		(A: Nov. 2023 )		(A: Nov. 2024 )
	=	0.349	/	( ( (8.333 - 4.124)	+	(8.319 - 3.78) )	/ 2 )
	=	0.349	/	( (4.209	+	4.539)	/ 2 )
	=	0.349	/	4.374
	=	7.98 %

Light Science Technologies Holdings's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	1.072	/	( ( (9.058 - 4.656)	+	(8.319 - 3.78) )	/ 2 )
	=	1.072	/	( ( 4.402	+	4.539 )	/ 2 )
	=	1.072	/	4.4705
	=	23.98 %

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

Light Science Technologies Holdings (LSE:LST) 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.

Light Science Technologies Holdings ROCE % Related Terms

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Light Science Technologies Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Light Science Technologies Holdings PLC (LSE:LST) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Canal Street, The Mills, Derby, GBR, DE1 2RJ

Website

https://www.lightsciencetechnologiesholdings.com

Light Science Technologies Holdings PLC focuses on the development and manufacturing of Contract electronic boards and lighting and technology products for the Controlled Environment Agriculture (CEA) sector. The company operates in Contract Electronics Manufacturing and Controlled environment agriculture. The company generates maximum revenue from the Contract electronics manufacturing segment.

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