Castings (STU:9Z9) ROCE % : 6.07% (As of Sep. 2024)

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

What is Castings 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. Castings's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.07%.

Castings ROCE % Historical Data

The historical data trend for Castings'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.

Castings ROCE % Chart

Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

8.95

3.25

9.03

11.62

14.46

Castings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															10.74	13.40	15.37	14.00	6.07

Castings ROCE % Calculation

Castings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	23.098	/	( ( (197.716 - 41.997)	+	(203.47 - 39.787) )	/ 2 )
	=	23.098	/	( (155.719	+	163.683)	/ 2 )
	=	23.098	/	159.701
	=	14.46 %

Castings'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	9.888	/	( ( (203.47 - 39.787)	+	(195.089 - 33.164) )	/ 2 )
	=	9.888	/	( ( 163.683	+	161.925 )	/ 2 )
	=	9.888	/	162.804
	=	6.07 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Castings (STU:9Z9) 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.

Castings ROCE % Related Terms

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

Castings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Castings PLC (STU:9Z9) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CGSl:UK CGS:UK

Address

Lichfield Road, Brownhills, West Midlands, GBR, WS8 6JZ

Website

https://www.castings.plc.uk

Castings PLC is an iron casting and machining group based in the UK. The company's operating segment includes Foundry operations and Machining operations. It generates maximum revenue from the Foundry operations segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the United Kingdom, Netherlands, Rest of Europe, North and South America, and Other Countries. It serves Commercial vehicles, Automotive, and Other sectors.

Castings Headlines

No Headlines