Enpro (STU:EP9) ROCE % : 5.78% (As of Sep. 2024)

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What is Enpro 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. Enpro's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.78%.

Enpro ROCE % Historical Data

The historical data trend for Enpro'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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Enpro ROCE % Chart

Enpro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.54

-0.37

3.79

2.63

3.44

Enpro Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															5.72	3.33	4.24	8.07	5.78

Enpro ROCE % Calculation

Enpro'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 )
	=	75.836	/	( ( (2499.523 - 199.656)	+	(2292.041 - 180.099) )	/ 2 )
	=	75.836	/	( (2299.867	+	2111.942)	/ 2 )
	=	75.836	/	2205.9045
	=	3.44 %

Enpro'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 )
	=	123.976	/	( ( (2342.845 - 164.34)	+	(2282.954 - 169.748) )	/ 2 )
	=	123.976	/	( ( 2178.505	+	2113.206 )	/ 2 )
	=	123.976	/	2145.8555
	=	5.78 %

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

Enpro (STU:EP9) 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.

Enpro ROCE % Related Terms

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Enpro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enpro Inc (STU:EP9) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NPO:USA EP9:Germany

Address

5605 Carnegie Boulevard, Suite 500, Charlotte, NC, USA, 28209

Website

https://www.enpro.com

Enpro Inc formerly EnPro Industries Inc is a United States-based company that designs, develops, manufactures, and markets proprietary engineered industrial products. The company operates through three segments: Sealing Technologies, which manufactures and markets sealing products, wheel-end components & systems, and Advanced Surface Technologies manufactures wafer processing sub-systems, thin-film coatings, optical filters, and other services like cleaning, coating, testing, and refurbishment. Its geographical segments are the United States, Europe, and other foreign countries.

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