United Homes Group (STU:6PO) ROCE % : 8.10% (As of Sep. 2024)

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What is United Homes Group 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. United Homes Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.10%.

United Homes Group ROCE % Historical Data

The historical data trend for United Homes Group'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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United Homes Group ROCE % Chart

United Homes Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

109.01

126.47

112.94

12.45

United Homes Group Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial											9.49	7.49	-2.12	-0.08	8.10

United Homes Group ROCE % Calculation

United Homes Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	13.417	/	( ( (196.678 - 140.033)	+	(273.859 - 114.955) )	/ 2 )
	=	13.417	/	( (56.645	+	158.904)	/ 2 )
	=	13.417	/	107.7745
	=	12.45 %

United Homes Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	13.308	/	( ( (263.867 - 95.45)	+	(254.633 - 94.336) )	/ 2 )
	=	13.308	/	( ( 168.417	+	160.297 )	/ 2 )
	=	13.308	/	164.357
	=	8.10 %

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

United Homes Group (STU:6PO) 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.

United Homes Group ROCE % Related Terms

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United Homes Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » United Homes Group Inc (STU:6PO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UHG:USA 6PO:Germany

Address

917 Chapin Road, Chapin, SC, USA, 29036

Website

https://www.unitedhomesgroup.com

United Homes Group Inc operates as a homebuilder which operates with a land-light idea in the Southeast. The company currently has a presence in South Carolina, North Carolina, and Georgia and focuses on providing high-quality, affordable homes for the entry-level and first-move-up segments.

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