ZBM ZREMB-Chojnice (WAR:ZRE) ROCE % : 18.02% (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is ZBM ZREMB-Chojnice 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. ZBM ZREMB-Chojnice's annualized ROCE % for the quarter that ended in Mar. 2024 was 18.02%.

ZBM ZREMB-Chojnice ROCE % Historical Data

The historical data trend for ZBM ZREMB-Chojnice'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.

* Premium members only.

ZBM ZREMB-Chojnice ROCE % Chart

ZBM ZREMB-Chojnice Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

63.25

8.29

2.86

15.40

13.53

ZBM ZREMB-Chojnice Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															13.41	48.75	30.75	17.60	18.02

ZBM ZREMB-Chojnice ROCE % Calculation

ZBM ZREMB-Chojnice'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 )
	=	3.813	/	( ( (39.261 - 12.816)	+	(44.079 - 14.173) )	/ 2 )
	=	3.813	/	( (26.445	+	29.906)	/ 2 )
	=	3.813	/	28.1755
	=	13.53 %

ZBM ZREMB-Chojnice'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 )
	=	5.412	/	( ( (44.079 - 14.173)	+	(46.005 - 15.831) )	/ 2 )
	=	5.412	/	( ( 29.906	+	30.174 )	/ 2 )
	=	5.412	/	30.04
	=	18.02 %

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

ZBM ZREMB-Chojnice (WAR:ZRE) 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.

ZBM ZREMB-Chojnice ROCE % Related Terms

Thank you for viewing the detailed overview of ZBM ZREMB-Chojnice's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

ZBM ZREMB-Chojnice (WAR:ZRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZBM ZREMB-Chojnice SA (WAR:ZRE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Przemyslowa 15, Chojnice, POL, 89-600

Website

http://www.zremb-ch.com.pl

ZBM ZREMB-Chojnice SA is a producer of steel constructions and containers. The company produces containers for shipping and drilling platforms; basket containers for transportation of equipment to drilling platforms, Mini-Mud freight containers for transportation of equipment and food to drilling platform, Borekaks containers for the transportation of waste material, Specialist containers for machine shops, compression shops, generators, Containers and platforms for the Army, Containers for radioactive waste and Steel roof constructions and frames for glazed facades. Its products include reinforced ceiling military containers, field containers, 3IN1 and 2IN1 container, off-shore container, baskets, and mudskips.

ZBM ZREMB-Chojnice (WAR:ZRE) Headlines

No Headlines