TRUK (Truck Hero) ROCE %: 6.94% (As of Jun. 2015)


What is Truck Hero ROCE %?

Truck Hero TRUK ROCE % is 6.94% as of Jun. 2015.

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. Truck Hero's annualized ROCE % for the quarter that ended in Jun. 2015 was 6.94%.

Truck Hero  (NYSE:TRUK) 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.

Truck Hero ROCE % Related Terms

Truck Hero ROCE % Historical Data

* Premium members only.

The historical data trend for Truck Hero'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.

Truck Hero ROCE % Chart

Truck Hero Annual Data
Trend Dec13 Dec14
ROCE %
22.84 0.00

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
ROCE % 0.00 25.72 6.94

Truck Hero ROCE % Calculation

Truck Hero's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=0/( ( (142.231 - 22.368) + (754.66 - 26.926) )/ 2 )
=0/( (119.863+727.734)/ 2 )
=0/423.7985
=0.00 %

Truck Hero's ROCE % of for the quarter that ended in Jun. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2015 )  (Q: Jun. 2014 )(Q: Jun. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2015 )  (Q: Jun. 2014 )(Q: Jun. 2015 )
=53.856/( ( (0 - 0) + (838.283 - 62.68) )/ 1 )
=53.856/( ( 0 + 775.603 )/ 1 )
=53.856/775.603
=6.94 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2015) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.94% mean?
Truck Hero (TRUK) has a ROCE % of 6.94% as of Jun. 2015.
Is Truck Hero's ROCE % too high?
Truck Hero's current ROCE % is 6.94%. The Vehicles & Parts industry median ROCE % is 7.94. Truck Hero's value of 6.94% is 12.6% below this industry median.
How does Truck Hero's ROCE % compare to IMLE and PFTI?
Truck Hero's ROCE % of 6.94% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Truck Hero's value of 6.94% is 12.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Truck Hero's current ROCE % of 6.94% is 12.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Truck Hero's current ROCE % is 6.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current ROCE % of 6.94%. The current ROCE % is 6.94% and 12.6% below the Vehicles & Parts industry median of 7.94. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Truck Hero (TRUK), the current ROCE % is 6.94% as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.