SCCI (Shimmick Construction Company) ROCE %: 16.30% (As of Jun. 2015)


What is Shimmick Construction Company ROCE %?

Shimmick Construction Company SCCI ROCE % is 16.30% as of Jun. 2015.

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. Shimmick Construction Company's annualized ROCE % for the quarter that ended in Jun. 2015 was 16.30%.

Shimmick Construction Company  (NAS:SCCI) 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.

Shimmick Construction Company ROCE % Related Terms

Shimmick Construction Company ROCE % Historical Data

* Premium members only.

The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company ROCE % Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
ROCE %
-3.55 10.06

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
ROCE % 0.00 5.58 14.60 16.30

Shimmick Construction Company ROCE % Calculation

Shimmick Construction Company's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=10.532/( ( (215.422 - 110.175) + (236.046 - 132.007) )/ 2 )
=10.532/( (105.247+104.039)/ 2 )
=10.532/104.643
=10.06 %

Shimmick Construction Company's ROCE % of for the quarter that ended in Jun. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2015 )  (Q: Dec. 2014 )(Q: Jun. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2015 )  (Q: Dec. 2014 )(Q: Jun. 2015 )
=17.612/( ( (236.046 - 132.007) + (268.876 - 156.791) )/ 2 )
=17.612/( ( 104.039 + 112.085 )/ 2 )
=17.612/108.062
=16.30 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2015) 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 16.30% mean?
Shimmick Construction Company (SCCI) has a ROCE % of 16.30% as of Jun. 2015.
Is Shimmick Construction Company's ROCE % too high?
Shimmick Construction Company's current ROCE % is 16.30%. The Construction industry median ROCE % is 8.22. Shimmick Construction Company's value of 16.30% is 98.3% above this industry median.
How does Shimmick Construction Company's ROCE % compare to TSSI and SWMM?
Shimmick Construction Company's ROCE % of 16.30% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Shimmick Construction Company's value of 16.30% is 98.3% 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 a Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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. Shimmick Construction Company's current ROCE % of 16.30% is 98.3% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimmick Construction Company's current ROCE % is 16.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current ROCE % of 16.30%. The current ROCE % is 16.30% and 98.3% above the Construction industry median of 8.22. 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 Shimmick Construction Company (SCCI), the current ROCE % is 16.30% as of Jun. 2015. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.