Acron PJSC (MIC:AKRN) ROCE %: 14.21% (As of Sep. 2023)

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MIC:AKRN Acron PJSC MIC:AKRN
17 GF Score
Price ₽14,364.00
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What is Acron PJSC ROCE %?

Acron PJSC MIC:AKRN +0.42% 17 ROCE % is 14.21% as of Sep. 2023. GuruFocus rates MIC:AKRN with a GF Score™ of 17/100.

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. Acron PJSC's annualized ROCE % for the quarter that ended in Sep. 2023 was 14.21%.

Acron PJSC  (MIC:AKRN) 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.

Acron PJSC ROCE % Related Terms

Acron PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Acron PJSC'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.

Acron PJSC ROCE % Chart

Acron PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.47 14.87 12.96 19.97 5.31

Acron PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 0.00 0.00 35.38 11.66 14.21
MIC:AKRN
17GF Score
Acron PJSC MIC:AKRN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Acron PJSC ROCE % Calculation

Acron PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=8695/( ( (200355 - 33689) + (220089 - 59403) )/ 2 )
=8695/( (166666+160686)/ 2 )
=8695/163676
=5.31 %

Acron PJSC's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=39698.644/( ( (353100 - 35496) + (281949.929 - 40707.132) )/ 2 )
=39698.644/( ( 317604 + 241242.797 )/ 2 )
=39698.644/279423.3985
=14.21 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 14.21% mean?
Acron PJSC (MIC:AKRN) has a ROCE % of 14.21% as of Sep. 2023.
Is Acron PJSC's ROCE % too high?
Acron PJSC's current ROCE % is 14.21%. The Agriculture industry median ROCE % is 9.43. Acron PJSC's value of 14.21% is 50.7% above this industry median. Overall, Acron PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Acron PJSC's ROCE % compare to CTVA and CF?
Acron PJSC's ROCE % of 14.21% can be compared against companies in the Agriculture industry. The industry median ROCE % is 9.43. Acron PJSC's value of 14.21% is 50.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Agriculture company?
The median ROCE % among Agriculture companies is 9.43, based on 253 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. Acron PJSC's current ROCE % of 14.21% is 50.7% above the industry median. 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 Agriculture industry, the median ROCE % is 9.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acron PJSC's current ROCE % is 14.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acron PJSC stock overvalued right now?
Acron PJSC (MIC:AKRN) has a current ROCE % of 14.21%. The current ROCE % is 14.21% and 50.7% above the Agriculture industry median of 9.43. Acron PJSC's overall GF Score™ is 17/100. 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 Acron PJSC (MIC:AKRN), the current ROCE % is 14.21% as of Sep. 2023. 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.

Acron PJSC Business Description

Address 12 Krasnopresnenskaya Naberezhnaya, World Trade Centre, Moscow, RUS, 123610
Acron PJSC is a Russian fertilizer producer and distributer to the agricultural industry globally. The company's segments are organized based on activity. Its segments include Acron (chemical production), Dorogobuzh (chemical production), logistics, trading, mining, and others. The company generates the vast majority of revenue through its trading and chemical production businesses. Through its large distribution and logistics activities, the company generates revenue in over 75 countries, with its largest markets being Latin America, Europe, and Russia.
17GF Score

Get the complete analysis for MIC:AKRN

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

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