S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) ROCE %: 2.71% (As of Jun. 2023)

What is S.P. Korolev Rocket and Space Public Energia OJC ROCE %?

S.P. Korolev Rocket and Space Public Energia OJC MIC:RKKE +3.33% 17 ROCE % is 2.71% as of Jun. 2023. GuruFocus rates MIC:RKKE 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. S.P. Korolev Rocket and Space Public Energia OJC's annualized ROCE % for the quarter that ended in Jun. 2023 was 2.71%.

S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) 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.

S.P. Korolev Rocket and Space Public Energia OJC ROCE % Related Terms

S.P. Korolev Rocket and Space Public Energia OJC ROCE % Historical Data

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The historical data trend for S.P. Korolev Rocket and Space Public Energia OJC'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.

S.P. Korolev Rocket and Space Public Energia OJC ROCE % Chart

S.P. Korolev Rocket and Space Public Energia OJC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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-15.71

8.20

2.77

11.49

-16.62

S.P. Korolev Rocket and Space Public Energia OJC Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Jun23
ROCE %	Get a 7-Day Free Trial															-32.69	-6.16	0.41	4.58	2.71

17GF Score

S.P. Korolev Rocket and Space Public Corporation Energia OJC MIC:RKKE

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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S.P. Korolev Rocket and Space Public Energia OJC ROCE % Calculation

S.P. Korolev Rocket and Space Public Energia OJC'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 )
	=	-4547.35	/	( ( (91478.568 - 67556.018)	+	(88366.679 - 57574.447) )	/ 2 )
	=	-4547.35	/	( (23922.55	+	30792.232)	/ 2 )
	=	-4547.35	/	27357.391
	=	-16.62 %

S.P. Korolev Rocket and Space Public Energia OJC'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 )
	=	829.15	/	( ( (0 - 0)	+	(106399.086 - 75834.423) )	/ 1 )
	=	829.15	/	( ( 0	+	30564.663 )	/ 1 )
	=	829.15	/	30564.663
	=	2.71 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 2.71% mean?

S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a ROCE % of 2.71% as of Jun. 2023.

Is S.P. Korolev Rocket and Space Public Energia OJC's ROCE % too high?

S.P. Korolev Rocket and Space Public Energia OJC's current ROCE % is 2.71%. The Aerospace & Defense industry median ROCE % is 6.21. S.P. Korolev Rocket and Space Public Energia OJC's value of 2.71% is 56.4% below this industry median. Overall, S.P. Korolev Rocket and Space Public Energia OJC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does S.P. Korolev Rocket and Space Public Energia OJC's ROCE % compare to RTX and LMT?

S.P. Korolev Rocket and Space Public Energia OJC's ROCE % of 2.71% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.21. S.P. Korolev Rocket and Space Public Energia OJC's value of 2.71% is 56.4% 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 an Aerospace & Defense company?

The median ROCE % among Aerospace & Defense companies is 6.21, based on 353 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. S.P. Korolev Rocket and Space Public Energia OJC's current ROCE % of 2.71% is 56.4% 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 Aerospace & Defense industry, the median ROCE % is 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.P. Korolev Rocket and Space Public Energia OJC's current ROCE % is 2.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is S.P. Korolev Rocket and Space Public Energia OJC stock overvalued right now?

S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a current ROCE % of 2.71%. The current ROCE % is 2.71% and 56.4% below the Aerospace & Defense industry median of 6.21. S.P. Korolev Rocket and Space Public Energia OJC'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 S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE), the current ROCE % is 2.71% 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.

S.P. Korolev Rocket and Space Public Energia OJC Business Description

Industry Industrials Aerospace & Defense

Comparable Companies MIC:VSYD MIC:KMEZ MIC:NAUK RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA.LHX XPAR:HO LSE:RR.HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM

Address 4A Lenin Street, Korolev, Moscow, RUS, 141070

Website https://www.energia.ru

S.P. Korolev Rocket and Space Public Corporation Energia OJC engaged in research and development of space technologies. It develops & manufactures operational use of manned space systems, rocket systems, armament & military equipment.

17GF Score

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