Legrand (MEX:LR) ROCE % : -28.52% (As of Sep. 2024)

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What is Legrand 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. Legrand's annualized ROCE % for the quarter that ended in Sep. 2024 was -28.52%.

Legrand ROCE % Historical Data

The historical data trend for Legrand'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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Legrand ROCE % Chart

Legrand Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.24

11.40

12.25

12.05

13.17

Legrand 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															-29.96	54.88	13.23	15.23	-28.52

Legrand ROCE % Calculation

Legrand'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 )
	=	30923.859	/	( ( (297710.529 - 51546.681)	+	(274723.669 - 51355.893) )	/ 2 )
	=	30923.859	/	( (246163.848	+	223367.776)	/ 2 )
	=	30923.859	/	234765.812
	=	13.17 %

Legrand'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 )
	=	-75430.588	/	( ( (311311.597 - 60884.269)	+	(331865.692 - 53349.568) )	/ 2 )
	=	-75430.588	/	( ( 250427.328	+	278516.124 )	/ 2 )
	=	-75430.588	/	264471.726
	=	-28.52 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Legrand (MEX:LR) 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.

Legrand ROCE % Related Terms

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Legrand Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Legrand SA (MEX:LR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LGRVF:USA LGRDY:USA LRp:UK 0MW7:UK LR:France LRC:Germany LR:Austria

Address

128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045

Website

https://www.legrand.com

Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and nonresidential (40%) buildings. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.

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