GreenFirst Forest Products (FRA:IMT1) ROCE % : 28.84% (As of Sep. 2024)

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

What is GreenFirst Forest Products 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. GreenFirst Forest Products's annualized ROCE % for the quarter that ended in Sep. 2024 was 28.84%.

GreenFirst Forest Products ROCE % Historical Data

The historical data trend for GreenFirst Forest Products'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.

GreenFirst Forest Products ROCE % Chart

GreenFirst Forest Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

0.36

-14.87

-3.88

1.78

-18.54

GreenFirst Forest Products 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															11.76	-43.51	-13.36	-27.65	28.84

GreenFirst Forest Products ROCE % Calculation

GreenFirst Forest Products'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 )
	=	-32.537	/	( ( (258.152 - 59.784)	+	(189.978 - 37.292) )	/ 2 )
	=	-32.537	/	( (198.368	+	152.686)	/ 2 )
	=	-32.537	/	175.527
	=	-18.54 %

GreenFirst Forest Products'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 )
	=	39.74	/	( ( (190.963 - 40.345)	+	(204.398 - 79.406) )	/ 2 )
	=	39.74	/	( ( 150.618	+	124.992 )	/ 2 )
	=	39.74	/	137.805
	=	28.84 %

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

GreenFirst Forest Products (FRA:IMT1) 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.

GreenFirst Forest Products ROCE % Related Terms

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

GreenFirst Forest Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » GreenFirst Forest Products Inc (FRA:IMT1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ICLTF:USA GFP:Canada

Address

401 The West Mall, Suite 1000, Vancouver, BC, CAN, M9C 5J5

Website

https://www.greenfirst.ca

GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. The Company operates through two business segments: forest products and paper products. Through its forest products segment, the Company produces and markets a wide range of forest products for use in residential and commercial construction, including SPF lumber, wood chips, and by-products. The Paper Products segment manufactures and sells paper-grade products used in printing newspapers, promotional materials, food service bags, and other related paper products.

GreenFirst Forest Products Headlines

No Headlines