KDM Shipping (WAR:KDM) ROCE %: 18.50% (As of Jun. 2018)


What is KDM Shipping ROCE %?

KDM Shipping WAR:KDM ROCE % is 18.50% as of Jun. 2018.

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. KDM Shipping's annualized ROCE % for the quarter that ended in Jun. 2018 was 18.50%.

KDM Shipping  (WAR:KDM) 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.

KDM Shipping ROCE % Related Terms

KDM Shipping ROCE % Historical Data

* Premium members only.

The historical data trend for KDM Shipping'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.

KDM Shipping ROCE % Chart

KDM Shipping Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
Get a 7-Day Free Trial 10.81 0.35 -10.73 -6.24 -1.75

KDM Shipping Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.19 1.04 11.27 -14.37 18.50

KDM Shipping ROCE % Calculation

KDM Shipping's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-2.014/( ( (141.69 - 29.445) + (137.361 - 19.564) )/ 2 )
=-2.014/( (112.245+117.797)/ 2 )
=-2.014/115.021
=-1.75 %

KDM Shipping's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2018 )  (Q: Dec. 2017 )(Q: Jun. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2018 )  (Q: Dec. 2017 )(Q: Jun. 2018 )
=21.732/( ( (137.361 - 19.564) + (125.077 - 7.956) )/ 2 )
=21.732/( ( 117.797 + 117.121 )/ 2 )
=21.732/117.459
=18.50 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2018) 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 18.50% mean?
KDM Shipping (WAR:KDM) has a ROCE % of 18.50% as of Jun. 2018.
Is KDM Shipping's ROCE % too high?
KDM Shipping's current ROCE % is 18.50%. The Transportation industry median ROCE % is 7.74. KDM Shipping's value of 18.50% is 139% above this industry median.
How does KDM Shipping's ROCE % compare to ESEA and GLBS?
KDM Shipping's ROCE % of 18.50% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. KDM Shipping's value of 18.50% is 139% 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 Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 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. KDM Shipping's current ROCE % of 18.50% is 139% 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 Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDM Shipping's current ROCE % is 18.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDM Shipping stock overvalued right now?
KDM Shipping (WAR:KDM) has a current ROCE % of 18.50%. The current ROCE % is 18.50% and 139% above the Transportation industry median of 7.74. 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 KDM Shipping (WAR:KDM), the current ROCE % is 18.50% as of Jun. 2018. 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.

KDM Shipping Business Description

Address 3 Michael Koutsofta Street, Limassol, CYP, 3031
KDM Shipping PLC is engaged in the shipping industry. It mainly focuses on the bulk river-sea freight in the Black, Azov and Mediterranean Sea regions. In addition, it is engaged in cargo freight, ship repair, and trading in grain, corn, oil and barley. The principal cargo of the company includes Grain, Metal Scrap, Sunflower seed meal, Bran, Fertilizers, and Cement.