Kovrov Mechanical Plant PJSC (MIC:KMEZ) ROCE %: 50.38% (As of Jun. 2023)


MIC:KMEZ Kovrov Mechanical Plant PJSC MIC:KMEZ
17 GF Score
Price ₽728.00
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What is Kovrov Mechanical Plant PJSC ROCE %?

Kovrov Mechanical Plant PJSC MIC:KMEZ +2.82% 17 ROCE % is 50.38% as of Jun. 2023. GuruFocus rates MIC:KMEZ 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. Kovrov Mechanical Plant PJSC's annualized ROCE % for the quarter that ended in Jun. 2023 was 50.38%.

Kovrov Mechanical Plant PJSC  (MIC:KMEZ) 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.

Kovrov Mechanical Plant PJSC ROCE % Related Terms

Kovrov Mechanical Plant PJSC ROCE % Historical Data

* Premium members only.

The historical data trend for Kovrov Mechanical 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.

Kovrov Mechanical Plant PJSC ROCE % Chart

Kovrov Mechanical Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.07 8.14 4.99 7.15 -1.69

Kovrov Mechanical Plant PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 11.02 2.43 -5.80 -8.26 50.38
MIC:KMEZ
17GF Score
Kovrov Mechanical Plant PJSC MIC:KMEZ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kovrov Mechanical Plant PJSC ROCE % Calculation

Kovrov Mechanical Plant PJSC's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-70.42/( ( (5065.326 - 872.022) + (6220.617 - 2074.443) )/ 2 )
=-70.42/( (4193.304+4146.174)/ 2 )
=-70.42/4169.739
=-1.69 %

Kovrov Mechanical Plant 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: Jun. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=2101.002/( ( (6907.4 - 2975.554) + (4968.957 - 559.356) )/ 2 )
=2101.002/( ( 3931.846 + 4409.601 )/ 2 )
=2101.002/4170.7235
=50.38 %

(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 50.38% mean?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a ROCE % of 50.38% as of Jun. 2023.
Is Kovrov Mechanical Plant PJSC's ROCE % too high?
Kovrov Mechanical Plant PJSC's current ROCE % is 50.38%. The Aerospace & Defense industry median ROCE % is 6.29. Kovrov Mechanical Plant PJSC's value of 50.38% is 701% above this industry median. Overall, Kovrov Mechanical Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kovrov Mechanical Plant PJSC's ROCE % compare to RTX and LMT?
Kovrov Mechanical Plant PJSC's ROCE % of 50.38% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. Kovrov Mechanical Plant PJSC's value of 50.38% is 701% 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 Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 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. Kovrov Mechanical Plant PJSC's current ROCE % of 50.38% is 701% 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 Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kovrov Mechanical Plant PJSC's current ROCE % is 50.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovrov Mechanical Plant PJSC stock overvalued right now?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a current ROCE % of 50.38%. The current ROCE % is 50.38% and 701% above the Aerospace & Defense industry median of 6.29. Kovrov Mechanical 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 Kovrov Mechanical Plant PJSC (MIC:KMEZ), the current ROCE % is 50.38% 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.

Kovrov Mechanical Plant PJSC Business Description

Address Socialist Street 26, Vladimir Region, Kovrov, RUS
Kovrov Mechanical Plant PJSC is a manufacturer of machinery and equipment for the nuclear power industry. Its product includes Gas centrifuges; Non-nuclear products and others.
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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