Ramada Investimentos e Industria (XLIS:RAM) ROCE % : 9.59% (As of Dec. 2023)

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What is Ramada Investimentos e Industria 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. Ramada Investimentos e Industria's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.59%.

Ramada Investimentos e Industria ROCE % Historical Data

The historical data trend for Ramada Investimentos e Industria'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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Ramada Investimentos e Industria ROCE % Chart

Ramada Investimentos e Industria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.41

5.57

11.38

15.92

9.54

Ramada Investimentos e Industria Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															12.13	8.46	8.67	9.59	8.29

Ramada Investimentos e Industria ROCE % Calculation

Ramada Investimentos e Industria'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 )
	=	14.844	/	( ( (239.221 - 75.511)	+	(205.531 - 57.941) )	/ 2 )
	=	14.844	/	( (163.71	+	147.59)	/ 2 )
	=	14.844	/	155.65
	=	9.54 %

Ramada Investimentos e Industria's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	14.032	/	( ( (207.633 - 62.602)	+	(205.531 - 57.941) )	/ 2 )
	=	14.032	/	( ( 145.031	+	147.59 )	/ 2 )
	=	14.032	/	146.3105
	=	9.59 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Ramada Investimentos e Industria (XLIS:RAM) 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.

Ramada Investimentos e Industria ROCE % Related Terms

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Ramada Investimentos e Industria (XLIS:RAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ramada Investimentos e Industria SA (XLIS:RAM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0JOP:UK Y4E:Germany

Address

Rua Manuel Pinto de Azevedo, No. 818, Porto, PRT, 4100-320

Website

http://www.ramadainvestimentos.pt

Ramada Investimentos e Industria SA manufactures steel products. It operates in two different business segments, namely, the Industry Segment, which includes the special steel and drawing mill activities, as well as the activity related to the management of the Group's financial holdings in which the Group is a minority shareholder; and the Real Estate Segment, devoted to managing real estate assets, among which is a significant area of forested land. The company generates the majority of its revenue from the Industry segment.