WEBC (Webco Industries) ROCE %: 14.05% (As of Jul. 2023)


WEBC Webco Industries Inc WEBC
12 GF Score
Price $310.00
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What is Webco Industries ROCE %?

Webco Industries WEBC -0.48% 12 ROCE % is 14.05% as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

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. Webco Industries's annualized ROCE % for the quarter that ended in Jul. 2023 was 14.05%.

Webco Industries  (OTCPK:WEBC) 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.

Webco Industries ROCE % Related Terms

Webco Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Webco Industries'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.

Webco Industries ROCE % Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 -0.95 5.42 14.16 14.05

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 -0.95 5.42 14.16 14.05
WEBC
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Webco Industries Inc WEBC
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Webco Industries ROCE % Calculation

Webco Industries's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2023 )  (A: Jul. 2018 )(A: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2023 )  (A: Jul. 2018 )(A: Jul. 2023 )
=38.907/( ( (369.488 - 157.116) + (483.676 - 142.055) )/ 2 )
=38.907/( (212.372+341.621)/ 2 )
=38.907/276.9965
=14.05 %

Webco Industries's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2023 )  (Q: Jul. 2018 )(Q: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2023 )  (Q: Jul. 2018 )(Q: Jul. 2023 )
=38.907/( ( (369.488 - 157.116) + (483.676 - 142.055) )/ 2 )
=38.907/( ( 212.372 + 341.621 )/ 2 )
=38.907/276.9965
=14.05 %

(1) Note: The EBIT data used here is one times the annual (Jul. 2023) 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 14.05% mean?
Webco Industries (WEBC) has a ROCE % of 14.05% as of Jul. 2023.
Is Webco Industries' ROCE % too high?
Webco Industries' current ROCE % is 14.05%. The Steel industry median ROCE % is 5.61. Webco Industries' value of 14.05% is 150.4% above this industry median. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Webco Industries' ROCE % compare to ACNT and FRD?
Webco Industries' ROCE % of 14.05% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. Webco Industries' value of 14.05% is 150.4% 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 Steel company?
The median ROCE % among Steel companies is 5.61, based on 625 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. Webco Industries's current ROCE % of 14.05% is 150.4% 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 Steel industry, the median ROCE % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webco Industries's current ROCE % is 14.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webco Industries stock overvalued right now?
Webco Industries (WEBC) has a current ROCE % of 14.05%. The current ROCE % is 14.05% and 150.4% above the Steel industry median of 5.61. Webco Industries' overall GF Score™ is 12/100. 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 Webco Industries (WEBC), the current ROCE % is 14.05% as of Jul. 2023. 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.

Webco Industries Business Description

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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