Eco5tech (WAR:ECT) ROCE % : 24.47% (As of Sep. 2023)

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What is Eco5tech 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. Eco5tech's annualized ROCE % for the quarter that ended in Sep. 2023 was 24.47%.

Eco5tech ROCE % Historical Data

The historical data trend for Eco5tech'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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Eco5tech ROCE % Chart

Eco5tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

53.02

148.69

57.55

6.37

Eco5tech Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial								-61.34	38.77	-0.11	49.23	24.47

Eco5tech ROCE % Calculation

Eco5tech's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.441	/	( ( (8.923 - 2.188)	+	(9.146 - 2.025) )	/ 2 )
	=	0.441	/	( (6.735	+	7.121)	/ 2 )
	=	0.441	/	6.928
	=	6.37 %

Eco5tech's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	1.96	/	( ( (9.972 - 2.141)	+	(10.477 - 2.29) )	/ 2 )
	=	1.96	/	( ( 7.831	+	8.187 )	/ 2 )
	=	1.96	/	8.009
	=	24.47 %

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

Eco5tech (WAR:ECT) 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.

Eco5tech ROCE % Related Terms

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Eco5tech (WAR:ECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Eco5tech SA (WAR:ECT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Filtrowa 65/45, Warsaw, POL, 02-055

Website

https://www.eco5tech.pl

Eco5tech SA is involved in construction design and implementation of design-build projects. It also offers consulting related to the preparation and construction of investment projects, supervising construction works as well.

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