Ukrainian Energy Machines JSC (UKEX:TATM) ROCE % : 66.39% (As of Dec. 2022)

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What is Ukrainian Energy Machines JSC 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. Ukrainian Energy Machines JSC's annualized ROCE % for the quarter that ended in Dec. 2022 was 66.39%.

Ukrainian Energy Machines JSC ROCE % Historical Data

The historical data trend for Ukrainian Energy Machines JSC'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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Ukrainian Energy Machines JSC ROCE % Chart

Ukrainian Energy Machines JSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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16.25

6.80

5.76

1.15

-1.48

Ukrainian Energy Machines JSC Quarterly Data
	Dec17	Mar18	Jun18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROCE %	Get a 7-Day Free Trial															0.43	30.37	-101.20	-1.89	66.39

Ukrainian Energy Machines JSC ROCE % Calculation

Ukrainian Energy Machines JSC's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-92.836	/	( ( (8863.857 - 2726.257)	+	(9541.153 - 3175.492) )	/ 2 )
	=	-92.836	/	( (6137.6	+	6365.661)	/ 2 )
	=	-92.836	/	6251.6305
	=	-1.48 %

Ukrainian Energy Machines JSC's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	3838.776	/	( ( (7845.675 - 2647.864)	+	(9541.153 - 3175.492) )	/ 2 )
	=	3838.776	/	( ( 5197.811	+	6365.661 )	/ 2 )
	=	3838.776	/	5781.736
	=	66.39 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Ukrainian Energy Machines JSC (UKEX:TATM) 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.

Ukrainian Energy Machines JSC ROCE % Related Terms

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Ukrainian Energy Machines JSC (UKEX:TATM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ukrainian Energy Machines JSC (UKEX:TATM) » Definitions » ROCE %

Comparable Companies

BOM:505720 TSE:6322 ROCO:6831 MIL:OSA XKRX:059270 ROCO:7530 WAR:RFK HKSE:01597 TSE:6137 ROCO:4533

Traded in Other Exchanges

N/A

Address

199, Moskovsky Avenue, Kharkov, UKR, 61037

Website

https://www.ukrenergymachines.com

Ukrainian Energy Machines JSC produces steam turbines for Thermal Power Plants; Nuclear Power Plants and Heat and Power Plants; Hydro turbines for Hydro Power Plants and Hydroelectric Pumped Storage Power Plant; and Other power equipment. The firm also offers services in the areas of mechanical assembly production, welding production, metallurgical production, and laboratory base.

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