Unitronics (1989) (RG) (XTAE:UNIT) ROCE % : 40.02% (As of Sep. 2024)

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What is Unitronics (1989) (RG) 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. Unitronics (1989) (RG)'s annualized ROCE % for the quarter that ended in Sep. 2024 was 40.02%.

Unitronics (1989) (RG) ROCE % Historical Data

The historical data trend for Unitronics (1989) (RG)'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.
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Unitronics (1989) (RG) ROCE % Chart

Unitronics (1989) (RG) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.35

18.44

25.84

25.72

60.15

Unitronics (1989) (RG) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															76.82	48.04	67.06	81.86	40.02

Unitronics (1989) (RG) ROCE % Calculation

Unitronics (1989) (RG)'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 )
	=	52.184	/	( ( (152.623 - 58.15)	+	(151.339 - 72.3) )	/ 2 )
	=	52.184	/	( (94.473	+	79.039)	/ 2 )
	=	52.184	/	86.756
	=	60.15 %

Unitronics (1989) (RG)'s ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	36.168	/	( ( (145.565 - 54.736)	+	(142.857 - 52.923) )	/ 2 )
	=	36.168	/	( ( 90.829	+	89.934 )	/ 2 )
	=	36.168	/	90.3815
	=	40.02 %

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

Unitronics (1989) (RG) (XTAE:UNIT) 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.

Unitronics (1989) (RG) ROCE % Related Terms

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Unitronics (1989) (RG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Unitronics (1989) (RG) Ltd (XTAE:UNIT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unitronics Building, Ha-Arava Street, Ben Gurion Airport, P.O Box 300, Airport City, ISR, 70100

Website

https://www.unitronics.com

Unitronics (1989) (RG) Ltd is engaged in the design, development, production, marketing, sale and support of Programmable Logic Controllers. It has launched a new integrative platform for cloud services (SaaS). The platform is designed to enable any customer to connect the controllers to a computer-based cloud environment infrastructure, transfer data securely, and create business dashboards. It also provides automated parking and logistics services. The business operates through segments that include the Products segment, and the Automated Solutions segment. The Products segment generates maximum revenue for the company. Geographically the company has its presence in Israel, Europe, the United States which generates key revenue, and other countries.