UTX (Ultratrex) ROCE %: 24.42% (As of Dec. 2024)

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What is Ultratrex ROCE %?

Ultratrex UTX ROCE % is 24.42% as of Dec. 2024.

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. Ultratrex's annualized ROCE % for the quarter that ended in Dec. 2024 was 24.42%.

Ultratrex  (NAS:UTX) 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.

Ultratrex ROCE % Related Terms

Ultratrex ROCE % Historical Data

* Premium members only.

The historical data trend for Ultratrex'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.

Ultratrex ROCE % Chart

Ultratrex Annual Data
Trend Jun23 Jun24
ROCE %
-5.85 53.91

Ultratrex Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
ROCE % 0.00 90.13 25.66 24.42

Ultratrex ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=5.845/( ( (13.838 - 4.336) + (18.191 - 6.01) )/ 2 )
=5.845/( (9.502+12.181)/ 2 )
=5.845/10.8415
=53.91 %

Ultratrex's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=3.124/( ( (18.191 - 6.01) + (22.011 - 8.611) )/ 2 )
=3.124/( ( 12.181 + 13.4 )/ 2 )
=3.124/12.7905
=24.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) 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 24.42% mean?
Ultratrex (UTX) has a ROCE % of 24.42% as of Dec. 2024.
Is Ultratrex's ROCE % too high?
Ultratrex's current ROCE % is 24.42%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.15. Ultratrex's value of 24.42% is 166.9% above this industry median.
How does Ultratrex's ROCE % compare to ?
Ultratrex's ROCE % of 24.42% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.15. Ultratrex's value of 24.42% is 166.9% above 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.15, based on 205 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. Ultratrex's current ROCE % of 24.42% is 166.9% above 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultratrex's current ROCE % is 24.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current ROCE % of 24.42%. The current ROCE % is 24.42% and 166.9% above the Farm & Heavy Construction Machinery industry median of 9.15. 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 Ultratrex (UTX), the current ROCE % is 24.42% as of Dec. 2024. 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.

Ultratrex Business Description

Comparable Companies
Address 220 Orchard Road, Unit 05-02, Midpoint Orchard, Singapore, SGP, 238852
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.