Reunert (Reunert) ROCE % : 18.93% (As of Sep. 2023)

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What is Reunert ROCE %?

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. Reunert's annualized ROCE % for the quarter that ended in Sep. 2023 was 18.93%.

Reunert ROCE % Historical Data

The historical data trend for Reunert'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.

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Reunert ROCE % Chart

Reunert Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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16.05

3.21

16.28

15.44

16.85

Reunert Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															17.69	13.17	19.17	16.25	18.93

Reunert ROCE % Calculation

Reunert's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	78.141	/	( ( (621.196 - 187.575)	+	(666.044 - 172.047) )	/ 2 )
	=	78.141	/	( (433.621	+	493.997)	/ 2 )
	=	78.141	/	463.809
	=	16.85 %

Reunert'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: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	88.16	/	( ( (660.478 - 223.117)	+	(666.044 - 172.047) )	/ 2 )
	=	88.16	/	( ( 437.361	+	493.997 )	/ 2 )
	=	88.16	/	465.679
	=	18.93 %

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

Reunert (OTCPK:RNRTY) 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.

Reunert ROCE % Related Terms

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Reunert (Reunert) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reunert Ltd (OTCPK:RNRTY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RLO:South Africa REU1:Germany

Address

54 Maxwell Drive, Nashua Building, Woodmead North Office Park, Woodmead, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.reunert.co.za

Reunert Ltd is an IT contracting company. It derives revenue through three main segments: Electrical Engineering, Information Communication Technologies (ICT), and Applied Electronics. The Electrical Engineering division designs and manufactures electrical energy cables, supplies low and medium-voltage electrical distribution, protection, and control equipment, and designs, manufactures and supplies copper and fiber optic cables, and derives the majority of revenue. The ICT division provides managed services to enterprises, such as managed office products, voice, data, and hosted services as well as unified communications and asset-based finance solutions. Applied Electronics comprises Reutech, which derives revenue from the design and manufacturing of defense products.