GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Grafton Group PLC (OTCPK:GROUF) » Definitions » ROCE %

Grafton Group (Grafton Group) ROCE % : 8.75% (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Grafton Group 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. Grafton Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.75%.


Grafton Group ROCE % Historical Data

The historical data trend for Grafton Group'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.

* Premium members only.

Grafton Group ROCE % Chart

Grafton Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.29 6.89 11.40 10.73 8.83

Grafton Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.59 11.53 10.71 8.95 8.75

Grafton Group ROCE % Calculation

Grafton Group'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 )
=262.539/( ( (3638.043 - 617.888) + (3552.549 - 623.995) )/ 2 )
=262.539/( (3020.155+2928.554)/ 2 )
=262.539/2974.3545
=8.83 %

Grafton Group'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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=257.226/( ( (3661.995 - 712.104) + (3552.549 - 623.995) )/ 2 )
=257.226/( ( 2949.891 + 2928.554 )/ 2 )
=257.226/2939.2225
=8.75 %

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


Grafton Group  (OTCPK:GROUF) 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.


Grafton Group ROCE % Related Terms

Thank you for viewing the detailed overview of Grafton Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grafton Group (Grafton Group) Business Description

Traded in Other Exchanges
Address
Carmanhall Road, The Hive, Sandyford Business Park, Dublin, IRL, D18 Y2C9
Grafton Group PLC is a distributor of building materials that operates in three segments; The Distribution segment is into the distribution of building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects and also in residential and other new build construction, The Retailing segment operates DIY and home improvement business from a network of 35 stores that supply mainly retail customers with wide products for DIY and for the home and garden, and The Manufacturing segment is into the manufacture of dry mortar in Great Britain. The company also operates in residential and other new build construction. Geographically, the company generates over half of its revenue from the United Kingdom.

Grafton Group (Grafton Group) Headlines

From GuruFocus