Uniform Industrial (TPE:2482) ROCE % : 19.02% (As of Mar. 2024)

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What is Uniform Industrial 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. Uniform Industrial's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.02%.

Uniform Industrial ROCE % Historical Data

The historical data trend for Uniform Industrial'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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Uniform Industrial ROCE % Chart

Uniform Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.71

-3.25

1.39

26.33

19.04

Uniform Industrial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															37.60	39.89	4.66	-2.78	19.02

Uniform Industrial ROCE % Calculation

Uniform Industrial'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 )
	=	245.992	/	( ( (1496.438 - 299.667)	+	(1718.097 - 331.454) )	/ 2 )
	=	245.992	/	( (1196.771	+	1386.643)	/ 2 )
	=	245.992	/	1291.707
	=	19.04 %

Uniform Industrial's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	266.544	/	( ( (1718.097 - 331.454)	+	(1701.917 - 286.349) )	/ 2 )
	=	266.544	/	( ( 1386.643	+	1415.568 )	/ 2 )
	=	266.544	/	1401.1055
	=	19.02 %

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

Uniform Industrial (TPE:2482) 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.

Uniform Industrial ROCE % Related Terms

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Uniform Industrial (TPE:2482) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Uniform Industrial Corp (TPE:2482) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Lans 15, Ziqiang Street, 1st Floor, New Taipei CIty, Tucheng District, Taipei, TWN, 236

Website

https://www.uicpayworld.com

Uniform Industrial Corp is engaged in the manufacture, processing, and sales of various card readers, check readers, point-of-sale terminals, digital signatures, and personal password recognizers. Geographically, it derives a majority of its revenue from the Americas and also has a presence in Asia; Europe; Oceania, and Other Countries. It generates maximum revenue from the Card reader products.

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