Stealth Group Holdings (ASX:SGI) ROCE % : 11.74% (As of Dec. 2023)

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What is Stealth Group Holdings 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. Stealth Group Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.74%.

Stealth Group Holdings ROCE % Historical Data

The historical data trend for Stealth Group Holdings'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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Stealth Group Holdings ROCE % Chart

Stealth Group Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

5.20

-0.01

7.65

6.15

9.57

Stealth Group Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-1.91	12.93	6.53	12.85	11.74

Stealth Group Holdings ROCE % Calculation

Stealth Group Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	2.332	/	( ( (61.54 - 36.342)	+	(63.426 - 39.913) )	/ 2 )
	=	2.332	/	( (25.198	+	23.513)	/ 2 )
	=	2.332	/	24.3555
	=	9.57 %

Stealth Group Holdings'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 )
	=	2.756	/	( ( (63.426 - 39.913)	+	(62.633 - 39.186) )	/ 2 )
	=	2.756	/	( ( 23.513	+	23.447 )	/ 2 )
	=	2.756	/	23.48
	=	11.74 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Stealth Group Holdings (ASX:SGI) 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.

Stealth Group Holdings ROCE % Related Terms

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Stealth Group Holdings (ASX:SGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Stealth Group Holdings Ltd (ASX:SGI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

43 Cedric Street, Stirling, WA, AUS, 6021

Website

https://www.stealthgi.com

Stealth Group Holdings Ltd is an Australia based supplier and distributor of safety, industrial, healthcare and workplace consumables products. It is also a provider of supply chain solutions, with a focus on industrial, trade and consumer retail customer markets. The company's geographical segment includes Australia and International market. It derives a majority of revenue from Australia. Products offered by the company include clothing, footwear, first aid, medical consumables, workplace safety, disposable wipes, drilling, automotive and other industrial supplies and others.

Stealth Group Holdings (ASX:SGI) Headlines

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