Bulmetal AD (XBUL:BMTL) ROCE % : 11.92% (As of Jun. 2024)

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What is Bulmetal AD 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. Bulmetal AD's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.92%.

Bulmetal AD ROCE % Historical Data

The historical data trend for Bulmetal AD'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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Bulmetal AD ROCE % Chart

Bulmetal AD Annual Data

Trend

ROCE %

Bulmetal AD Semi-Annual Data
	Jun23	Jun24
ROCE %	-	11.92

Bulmetal AD ROCE % Calculation

Bulmetal AD's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Bulmetal AD's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	10.058	/	( ( (0 - 0)	+	(142.298 - 57.938) )	/ 1 )
	=	10.058	/	( ( 0	+	84.36 )	/ 1 )
	=	10.058	/	84.36
	=	11.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Bulmetal AD (XBUL:BMTL) 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.

Bulmetal AD ROCE % Related Terms

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Bulmetal AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bulmetal AD (XBUL:BMTL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prohoda St. , Stara Zagora region, Gurkovo municipality, Gurkovo, BGR

Website

https://www.bulmetal.com

Bulmetal AD is a company engaged in producing of light metal packaging in various types of industrial branches. The company's businesses are production and trade of light metal packaging for the food industry, the chemical industry, the construction industry. The company is a supplier of metal packaging to a number of large manufacturers in Europe, in various industrial fields.

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