Landi Renzo SpA (LTS:0ND3) ROCE %: -18.96% (As of Sep. 2024)


LTS:0ND3 Landi Renzo SpA LTS:0ND3
4 GF Score
Price €1.12
View Full Analysis

What is Landi Renzo SpA ROCE %?

Landi Renzo SpA LTS:0ND3 4 ROCE % is -18.96% as of Sep. 2024. GuruFocus rates LTS:0ND3 with a GF Score™ of 4/100.

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. Landi Renzo SpA's annualized ROCE % for the quarter that ended in Sep. 2024 was -18.96%.

Landi Renzo SpA  (LTS:0ND3) 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.

Landi Renzo SpA ROCE % Related Terms

Landi Renzo SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Landi Renzo SpA'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.

Landi Renzo SpA ROCE % Chart

Landi Renzo SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.42 -6.79 4.06 -6.66 -11.57

Landi Renzo SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.31 -10.71 -14.16 -17.54 -18.96
LTS:0ND3
4GF Score
Landi Renzo SpA LTS:0ND3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Landi Renzo SpA ROCE % Calculation

Landi Renzo SpA'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 )
=-19.743/( ( (406.63 - 245) + (373.469 - 193.823) )/ 2 )
=-19.743/( (161.63+179.646)/ 2 )
=-19.743/170.638
=-11.57 %

Landi Renzo SpA's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-24.876/( ( (340.808 - 247.093) + (331.489 - 162.822) )/ 2 )
=-24.876/( ( 93.715 + 168.667 )/ 2 )
=-24.876/131.191
=-18.96 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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 -18.96% mean?
Landi Renzo SpA (LTS:0ND3) has a ROCE % of -18.96% as of Sep. 2024.
Is Landi Renzo SpA's ROCE % too high?
Landi Renzo SpA's current ROCE % is -18.96%. Overall, Landi Renzo SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Landi Renzo SpA's ROCE % compare to ORLY and AZO?
Landi Renzo SpA's ROCE % of -18.96% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landi Renzo SpA's current ROCE % is -18.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landi Renzo SpA stock overvalued right now?
Landi Renzo SpA (LTS:0ND3) has a current ROCE % of -18.96%. The current ROCE % is -18.96%. Landi Renzo SpA's overall GF Score™ is 4/100. 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 Landi Renzo SpA (LTS:0ND3), the current ROCE % is -18.96% as of Sep. 2024. 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.

Landi Renzo SpA Business Description

Address Via Nobel 2, Corte Tegge, Cavriago, ITA, 42025
Landi Renzo SpA is engaged in the automotive fuel supply systems sector. The company mainly designs, manufactures, and sells liquefied petroleum gas and compressed natural gas fuel supply systems for the automotive sector. In addition, it also manufactures compressors for fuel stations, and audio and alarm systems. The group sells its products to car manufacturers, independent retailers, and importers. It has two operating segments which include the Green Transportation segment, and the Clean Tech Solutions segment. The Green Transportation segment generates a majority of its revenue which is designed, manufactured, and sold through the OEM and After Market channels of mechanical and electronic systems and components for the use of automotive gas.
4GF Score

Get the complete analysis for LTS:0ND3

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.12
Price