Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) ROCE %: 40.58% (As of Sep. 2023)

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MIC:CHKZ Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
17 GF Score
Price ₽15,250.00
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What is Chelyabinsk Forge-and-Press Plant PJSC ROCE %?

Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ +2.69% 17 ROCE % is 40.58% as of Sep. 2023. GuruFocus rates MIC:CHKZ 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. Chelyabinsk Forge-and-Press Plant PJSC's annualized ROCE % for the quarter that ended in Sep. 2023 was 40.58%.

Chelyabinsk Forge-and-Press Plant PJSC  (MIC:CHKZ) 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.

Chelyabinsk Forge-and-Press Plant PJSC ROCE % Related Terms

Chelyabinsk Forge-and-Press Plant PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Chelyabinsk Forge-and-Press Plant 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.

Chelyabinsk Forge-and-Press Plant PJSC ROCE % Chart

Chelyabinsk Forge-and-Press Plant PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.45 14.82 16.68 31.98 18.37

Chelyabinsk Forge-and-Press Plant PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 9.23 -1.64 25.51 26.47 40.58
MIC:CHKZ
17GF Score
Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chelyabinsk Forge-and-Press Plant PJSC ROCE % Calculation

Chelyabinsk Forge-and-Press Plant PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=992.436/( ( (16117.319 - 12004.393) + (32102.791 - 25409.291) )/ 2 )
=992.436/( (4112.926+6693.5)/ 2 )
=992.436/5403.213
=18.37 %

Chelyabinsk Forge-and-Press Plant 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 )
=10507.36/( ( (51060.318 - 28288.961) + (63828.068 - 34818.468) )/ 2 )
=10507.36/( ( 22771.357 + 29009.6 )/ 2 )
=10507.36/25890.4785
=40.58 %

(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 40.58% mean?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a ROCE % of 40.58% as of Sep. 2023.
Is Chelyabinsk Forge-and-Press Plant PJSC's ROCE % too high?
Chelyabinsk Forge-and-Press Plant PJSC's current ROCE % is 40.58%. The Industrial Products industry median ROCE % is 7.00. Chelyabinsk Forge-and-Press Plant PJSC's value of 40.58% is 479.7% above this industry median. Overall, Chelyabinsk Forge-and-Press Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Chelyabinsk Forge-and-Press Plant PJSC's ROCE % compare to ATI and MLI?
Chelyabinsk Forge-and-Press Plant PJSC's ROCE % of 40.58% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.00. Chelyabinsk Forge-and-Press Plant PJSC's value of 40.58% is 479.7% 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 Industrial Products company?
The median ROCE % among Industrial Products companies is 7.00, based on 3,029 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. Chelyabinsk Forge-and-Press Plant PJSC's current ROCE % of 40.58% is 479.7% 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 Industrial Products industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chelyabinsk Forge-and-Press Plant PJSC's current ROCE % is 40.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chelyabinsk Forge-and-Press Plant PJSC stock overvalued right now?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a current ROCE % of 40.58%. The current ROCE % is 40.58% and 479.7% above the Industrial Products industry median of 7.00. Chelyabinsk Forge-and-Press Plant 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 Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ), the current ROCE % is 40.58% 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.

Chelyabinsk Forge-and-Press Plant PJSC Business Description

Address 12 Gorelova Street, Chelyabinsk, RUS, 454012
Chelyabinsk Forge-and-Press Plant PJSC is a forging company. The company's products include forgings and stampings, finished pipeline fittings, parts of automotive and agricultural applications, wheels and special purpose vehicles.
17GF Score

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

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