Stelrad Group (LSE:SRAD) ROCE % : 19.19% (As of Dec. 2024)

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What is Stelrad Group 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. Stelrad Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 19.19%.

Stelrad Group ROCE % Historical Data

The historical data trend for Stelrad Group'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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Stelrad Group ROCE % Chart

Stelrad Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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20.07

27.62

10.70

16.41

20.25

Stelrad Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial							10.06	17.59	15.03	20.96	19.19

Stelrad Group ROCE % Calculation

Stelrad Group'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 )
	=	30.155	/	( ( (235.219 - 85.546)	+	(220.88 - 72.721) )	/ 2 )
	=	30.155	/	( (149.673	+	148.159)	/ 2 )
	=	30.155	/	148.916
	=	20.25 %

Stelrad Group'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 )
	=	28.75	/	( ( (241.913 - 90.372)	+	(220.88 - 72.721) )	/ 2 )
	=	28.75	/	( ( 151.541	+	148.159 )	/ 2 )
	=	28.75	/	149.85
	=	19.19 %

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

Stelrad Group (LSE:SRAD) 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.

Stelrad Group ROCE % Related Terms

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Stelrad Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stelrad Group PLC (LSE:SRAD) » Definitions » ROCE %

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6OJ:Germany

Address

69-75 Side, Newcastle Upon Tyne, Tyne And Wear, GBR, NE1 3JE

Website

https://www.stelradplc.com

Stelrad Group PLC sells standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators, and other steel column radiators. It has manufacturing and distribution facilities in the United Kingdom, The Netherlands, and Turkey, additional distribution facilities in Poland and Denmark, and sales personnel in seven other countries, including China. Geographically, the company has three segments; UK & Ireland, Europe, and Turkey & International. The Group operates five established brands (Stelrad, Henrad, Termo Teknik, Hudevad, and Dl Radiators) that enable its products to be tailored to specific channels, maximizing market access and minimizing potential conflict.