Ever-Clear Environmental Eng (ROCO:6624) ROCE % : 23.47% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Ever-Clear Environmental Eng 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. Ever-Clear Environmental Eng's annualized ROCE % for the quarter that ended in Dec. 2024 was 23.47%.

Ever-Clear Environmental Eng ROCE % Historical Data

The historical data trend for Ever-Clear Environmental Eng'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.

* Premium members only.

Ever-Clear Environmental Eng ROCE % Chart

Ever-Clear Environmental Eng Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-2.88

0.88

7.02

6.51

4.40

Ever-Clear Environmental Eng Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															18.05	-7.02	-2.27	1.42	23.47

Ever-Clear Environmental Eng ROCE % Calculation

Ever-Clear Environmental Eng's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	24.833	/	( ( (936.358 - 430.754)	+	(975.738 - 353.331) )	/ 2 )
	=	24.833	/	( (505.604	+	622.407)	/ 2 )
	=	24.833	/	564.0055
	=	4.40 %

Ever-Clear Environmental Eng's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	143.036	/	( ( (932.182 - 335.953)	+	(975.738 - 353.331) )	/ 2 )
	=	143.036	/	( ( 596.229	+	622.407 )	/ 2 )
	=	143.036	/	609.318
	=	23.47 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Ever-Clear Environmental Eng (ROCO:6624) 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.

Ever-Clear Environmental Eng ROCE % Related Terms

Thank you for viewing the detailed overview of Ever-Clear Environmental Eng's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ever-Clear Environmental Eng Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ever-Clear Environmental Eng Corp (ROCO:6624) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 261, Section 5, Longfu Road, Xitun District, Taichung, TWN, 407

Website

https://www.ever-clear.com.tw

Ever-Clear Environmental Eng Corp is a Taiwan-based wastewater management company. It engages in the evaluation, planning, and design of industrial wastewater, sewage, sludge, supply water, underground water, and organic gas emission treatment processes.

Ever-Clear Environmental Eng Headlines

No Headlines