CIAneamento Do Parana-SANEPAR (BSP:SAPR3) ROCE % : 13.64% (As of Dec. 2023)

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What is CIAneamento Do Parana-SANEPAR 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. CIAneamento Do Parana-SANEPAR's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.64%.

CIAneamento Do Parana-SANEPAR ROCE % Historical Data

The historical data trend for CIAneamento Do Parana-SANEPAR'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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CIAneamento Do Parana-SANEPAR ROCE % Chart

CIAneamento Do Parana-SANEPAR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.74

14.17

15.06

13.74

15.42

CIAneamento Do Parana-SANEPAR Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															14.15	15.08	15.27	17.65	13.64

CIAneamento Do Parana-SANEPAR ROCE % Calculation

CIAneamento Do Parana-SANEPAR'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 )
	=	2456.589	/	( ( (16657.196 - 1629.658)	+	(18803.905 - 1970.093) )	/ 2 )
	=	2456.589	/	( (15027.538	+	16833.812)	/ 2 )
	=	2456.589	/	15930.675
	=	15.42 %

CIAneamento Do Parana-SANEPAR'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 )
	=	2267.604	/	( ( (18315.489 - 1907.104)	+	(18803.905 - 1970.093) )	/ 2 )
	=	2267.604	/	( ( 16408.385	+	16833.812 )	/ 2 )
	=	2267.604	/	16621.0985
	=	13.64 %

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

CIAneamento Do Parana-SANEPAR (BSP:SAPR3) 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.

CIAneamento Do Parana-SANEPAR ROCE % Related Terms

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CIAneamento Do Parana-SANEPAR (BSP:SAPR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CIA Saneamento Do Parana-SANEPAR (BSP:SAPR3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SAPR11:Brazil SAPR4:Brazil

Address

Rua Engenheiros Reboucas 1376, Curitiba, PR, BRA, 80215-900

Website

https://www.sanepar.com.br

CIA Saneamento Do Parana-SANEPAR provides treated water supply sewage collection & treatment, and Solid waste management services. The company provides sanitation services to cities, smaller areas, and municipalities. The firm operates in two business segments: Water treatment & distribution and Sewage collection & treatment. It has a network for the withdrawal & distribution of drinking water, sewage collection, and the discharge of treated sewage. The firm operates landfills in Apucarana, Cornello, Procopio, and Cianorte for solid waste management. The majority of revenue get derived from the Water distribution and treatment segment.

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