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M-Tron Industries (M-Tron Industries) ROCE % : 34.37% (As of Mar. 2024)


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What is M-Tron Industries 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. M-Tron Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was 34.37%.

M-Tron Industries ROCE % Historical Data

The historical data trend for M-Tron Industries'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.

M-Tron Industries ROCE % Chart

M-Tron Industries Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
19.72 13.24 18.31 25.04

M-Tron Industries Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.83 41.05 47.95 -1.27 34.37

M-Tron Industries ROCE % Calculation

M-Tron Industries'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 )
=4.299/( ( (19.273 - 4.856) + (24.305 - 4.384) )/ 2 )
=4.299/( (14.417+19.921)/ 2 )
=4.299/17.169
=25.04 %

M-Tron Industries's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=7.156/( ( (24.305 - 4.384) + (26.782 - 5.057) )/ 2 )
=7.156/( ( 19.921 + 21.725 )/ 2 )
=7.156/20.823
=34.37 %

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

M-Tron Industries  (AMEX:MPTI) 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.

M-Tron Industries ROCE % Related Terms

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M-Tron Industries (M-Tron Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » M-Tron Industries Inc (AMEX:MPTI) » Definitions » ROCE %
Comparable Companies
LPTH LINK ELTK MMAT CPSH KULR DSWL REFR HOLO DAIO APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
2525 Shader Road, Orlando, FL, USA, 32804
Website
https://www.mtronpti.com
M-Tron Industries Inc is a diversified holding company with subsidiaries engaged in the design, manufacturing and marketing of highly-engineered, high reliability frequency and spectrum control products used to control the frequency or timing of signals in electronic circuits in various applications. It offers a wide range of products such as microwave and millimeter wave filters; cavity, crystal, ceramic, lumped element and switched filters; crystal resonators, integrated microwave assemblies and state-of-the-art solid state power amplifier products.
Executives
William Arnold Drafts officer: President 746 CRISTALDI WAY, LONGWOOD FL 32779
Ferrantino Michael J Jr director, officer: Chief Executive Officer 12 MARTINGALE LANE, ANDOVER MA 01810
Ivan Arteaga director 497 EISENHOWER COURT, WYCKOFF NJ 07481
James William Tivy officer: Chief Financial Officer 220 E. CENTRAL PARKWAY, SUITE 2060, ALTAMONTE SPRINGS FL 32701
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Linda M Biles officer: VP, Controller 2525 SHADER ROAD, ORLANDO FL 32804
Marc Gabelli director, 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Bel Lazar director 4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819
Hendi Susanto director 2525 SHADER RD., ORLANDO FL 32804
Lapenta Robert V Jr director C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901
David M Goldman director ONE CORPORATE CENTER, RYE NY 10580
John S Mega director C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016