DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC (MIC:DIOD) ROCE %: 6.46% (As of Jun. 2023)

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MIC:DIOD DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC MIC:DIOD
17 GF Score
Price ₽6.70
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What is DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC ROCE %?

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC MIC:DIOD -0.59% 17 ROCE % is 6.46% as of Jun. 2023. GuruFocus rates MIC:DIOD 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. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's annualized ROCE % for the quarter that ended in Jun. 2023 was 6.46%.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC  (MIC:DIOD) 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.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC ROCE % Related Terms

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for DIOD Maker of Eco-Friendly Equipment and Nutrition 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.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC ROCE % Chart

DIOD Maker of Eco-Friendly Equipment and Nutrition 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 5.11 6.65 4.47 8.77 4.59

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 11.63 6.05 4.20 5.13 6.46
MIC:DIOD
17GF Score
DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC MIC:DIOD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC ROCE % Calculation

DIOD Maker of Eco-Friendly Equipment and Nutrition 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 )
=59.993/( ( (1421.737 - 101.533) + (1417.147 - 123.343) )/ 2 )
=59.993/( (1320.204+1293.804)/ 2 )
=59.993/1307.004
=4.59 %

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=81.992/( ( (1417.147 - 123.343) + (1437.474 - 192.388) )/ 2 )
=81.992/( ( 1293.804 + 1245.086 )/ 2 )
=81.992/1269.445
=6.46 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 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 6.46% mean?
DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC (MIC:DIOD) has a ROCE % of 6.46% as of Jun. 2023.
Is DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's ROCE % too high?
DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's current ROCE % is 6.46%. The Drug Manufacturers industry median ROCE % is 7.04. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's value of 6.46% is 8.2% below this industry median. Overall, DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's ROCE % compare to ZTS?
DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's ROCE % of 6.46% can be compared against companies in the Drug Manufacturers industry. The industry median ROCE % is 7.04. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's value of 6.46% is 8.2% below 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 a Drug Manufacturers company?
The median ROCE % among Drug Manufacturers companies is 7.04, based on 964 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. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's current ROCE % of 6.46% is 8.2% below 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 Drug Manufacturers industry, the median ROCE % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's current ROCE % is 6.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC stock overvalued right now?
DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC (MIC:DIOD) has a current ROCE % of 6.46%. The current ROCE % is 6.46% and 8.2% below the Drug Manufacturers industry median of 7.04. DIOD Maker of Eco-Friendly Equipment and Nutrition 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 DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC (MIC:DIOD), the current ROCE % is 6.46% as of Jun. 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.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Business Description

Address Derbenevskaya Street, House 11-A, building 13, room 4, Moscow, RUS, 115114
DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC is a health product manufacturing company. It develops and produces natural non-medicinal and medicinal products, curative active cosmetics, medical and environmental technology, and substances for the prevention and treatment of diseases. The company produces Biologically active additives, Pharmaceutical preparations, and Healing cosmetics. It markets the products under the Kapilar, Artro-Active, Iod-Active, Viardo Forte, and Selen-Aktiv brands.
17GF Score

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