CML Microsystems (STU:92M) ROCE % : 6.79% (As of Sep. 2023)

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What is CML Microsystems 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. CML Microsystems's annualized ROCE % for the quarter that ended in Sep. 2023 was 6.79%.

CML Microsystems ROCE % Historical Data

The historical data trend for CML Microsystems'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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CML Microsystems ROCE % Chart

CML Microsystems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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6.06

2.33

0.08

3.04

9.04

CML Microsystems 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															3.50	2.70	6.49	12.08	6.79

CML Microsystems ROCE % Calculation

CML Microsystems's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	5.966	/	( ( (70.978 - 3.707)	+	(68.539 - 3.768) )	/ 2 )
	=	5.966	/	( (67.271	+	64.771)	/ 2 )
	=	5.966	/	66.021
	=	9.04 %

CML Microsystems'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 )
	=	4.39	/	( ( (68.539 - 3.768)	+	(67.379 - 2.82) )	/ 2 )
	=	4.39	/	( ( 64.771	+	64.559 )	/ 2 )
	=	4.39	/	64.665
	=	6.79 %

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

CML Microsystems (STU:92M) 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.

CML Microsystems ROCE % Related Terms

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CML Microsystems (STU:92M) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » CML Microsystems PLC (STU:92M) » Definitions » ROCE %

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CML:UK 92M:Germany

Address

Oval Park, Langford, Maldon, Essex, GBR, CM9 6WG

Website

https://www.cmlmicroplc.com

CML Microsystems PLC designs manufacture and markets a range of semiconductors for industrial and professional applications within the storage, wireless, and wireline communications market areas. It operates internationally with subsidiaries across the United Kingdom, the Rest of Europe, the Americas, and the Far East. The company is focused only on reporting segment, the Semiconductor Components segment. The semiconductor segment focuses on three main market areas: storage, wireless, and wireline telecom. Geographically, it derives a majority of its revenue from the Far East.

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