GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CLERHP Estructuras SA (XMAD:CLR) » Definitions » ROCE %

CLERHP Estructuras (XMAD:CLR) ROCE % : 51.22% (As of Jun. 2023)


View and export this data going back to 2016. Start your Free Trial

What is CLERHP Estructuras 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. CLERHP Estructuras's annualized ROCE % for the quarter that ended in Jun. 2023 was 51.22%.


CLERHP Estructuras ROCE % Historical Data

The historical data trend for CLERHP Estructuras'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.

CLERHP Estructuras ROCE % Chart

CLERHP Estructuras Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.88 28.08 -4.17 -57.89 41.53

CLERHP Estructuras Semi-Annual Data
Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -45.53 -60.56 66.51 6.92 51.22

CLERHP Estructuras ROCE % Calculation

CLERHP Estructuras'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 )
=2.132/( ( (17.068 - 14.812) + (26.608 - 18.596) )/ 2 )
=2.132/( (2.256+8.012)/ 2 )
=2.132/5.134
=41.53 %

CLERHP Estructuras's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=4.312/( ( (26.608 - 18.596) + (34.578 - 25.752) )/ 2 )
=4.312/( ( 8.012 + 8.826 )/ 2 )
=4.312/8.419
=51.22 %

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


CLERHP Estructuras  (XMAD:CLR) 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.


CLERHP Estructuras ROCE % Related Terms

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


CLERHP Estructuras (XMAD:CLR) Business Description

Traded in Other Exchanges
N/A
Address
Calle Avenida Europa, 3B, mezzanine 1, Murcia, ESP, 30007
CLERHP Estructuras SA is a construction company. The company builds high rise buildings, shopping malls, offices, hotels, homes, and government buildings. It operates in Spain and South America. It also offers the service of expertise of structures, rental service of equipment and machinery related to the construction sector. CLERHP provides its services internationally, currently has a presence in Spain, Bolivia, Brazil and Paraguay.

CLERHP Estructuras (XMAD:CLR) Headlines

From GuruFocus

Top 5 4th Quarter Trades of John Hussman

By GuruFocus Research GuruFocus Editor 02-09-2023

The Strategic Squeeze

By Smead Capital Management 09-13-2022

Top 5 3rd Quarter Trades of Matthew Goff Investment Advisor, LLC

By GuruFocus Research GuruFocus Editor 10-14-2022

Love Is in the Air

By Smead Capital Management 07-06-2022

John Hussman Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-08-2023