Lapidoth Capital (XTAE:LAPD) ROCE % : 21.58% (As of Dec. 2024)

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What is Lapidoth Capital 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. Lapidoth Capital's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.58%.

Lapidoth Capital ROCE % Historical Data

The historical data trend for Lapidoth Capital'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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Lapidoth Capital ROCE % Chart

Lapidoth Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.29

16.76

14.89

15.07

13.42

Lapidoth Capital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															13.35	11.78	11.51	11.33	21.58

Lapidoth Capital ROCE % Calculation

Lapidoth Capital'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 )
	=	562.61	/	( ( (7628.932 - 3472.117)	+	(7635.487 - 3405.137) )	/ 2 )
	=	562.61	/	( (4156.815	+	4230.35)	/ 2 )
	=	562.61	/	4193.5825
	=	13.42 %

Lapidoth Capital's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1014.164	/	( ( (8334.062 - 3632.086)	+	(8526.536 - 3828.873) )	/ 2 )
	=	1014.164	/	( ( 4701.976	+	4697.663 )	/ 2 )
	=	1014.164	/	4699.8195
	=	21.58 %

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

Lapidoth Capital (XTAE:LAPD) 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.

Lapidoth Capital ROCE % Related Terms

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Lapidoth Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lapidoth Capital Ltd (XTAE:LAPD) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

19 Brodetsky Street, P.O.B. 17106, Tel Aviv, ISR, 69051

Website

http://www.lapidoth.co.il

Lapidoth Capital Ltd through its subsidiaries is engaged in various fields, including contracting and entrepreneurial activity in Israel and abroad in the fields of construction and infrastructure, import and marketing of mobile phones and related accessories, international trade, investments in securities, oil and gas exploration and production, and water drilling. . The company generates majority of its revenue from construction and infrastructure contracting through its subsidiary Danya Cebus which has taken part in dozens of public construction, offices, commerce and industry projects for public entities and private entrepreneurs. It also includes infrastructure projects, including paving roads, building railway infrastructure, bridges, and related infrastructure development.

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