Public Power (LTS:0MC5) ROCE % : 6.46% (As of Jun. 2024)

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What is Public Power 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. Public Power's annualized ROCE % for the quarter that ended in Jun. 2024 was 6.46%.

Public Power ROCE % Historical Data

The historical data trend for Public Power'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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Public Power ROCE % Chart

Public Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-18.49

1.82

0.38

1.67

6.30

Public Power Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															2.56	0.75	6.72	6.25	6.46

Public Power ROCE % Calculation

Public Power'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 )
	=	942.123	/	( ( (19527.215 - 5566.917)	+	(23851.103 - 7925.725) )	/ 2 )
	=	942.123	/	( (13960.298	+	15925.378)	/ 2 )
	=	942.123	/	14942.838
	=	6.30 %

Public Power'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 )
	=	1030.098	/	( ( (23851.103 - 7925.725)	+	(23732.273 - 7784.256) )	/ 2 )
	=	1030.098	/	( ( 15925.378	+	15948.017 )	/ 2 )
	=	1030.098	/	15936.6975
	=	6.46 %

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

Public Power (LTS:0MC5) 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.

Public Power ROCE % Related Terms

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Public Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Public Power Corp SA (LTS:0MC5) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PPC:Greece PU8:Germany

Address

30, Chalkokondyli Street, Athens, GRC, 104 32

Website

https://www.ppcgroup.com

Public Power Corp SA is a public electric utility company with the Hellenic Republic as its main shareholder. PPC is involved in generating, transmitting, and distributing electric energy. The company, along with its subsidiaries, operates a variety of power plants, including natural gas, coal, hydroelectric, wind, and solar plants. PPC majorly generates electricity from its thermal energy facilities. The company is divided into segments including Production/Supply, which includes production from lignite, oil, natural gas, and renewable energy sources, as well as lignite mining in support of production and supply activities in Greece and Romania. Other segments include the Distribution network and others.

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