Orion Energy Systems (FRA:5A4) ROCE % : -22.82% (As of Dec. 2023)

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What is Orion Energy Systems 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. Orion Energy Systems's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.82%.

Orion Energy Systems ROCE % Historical Data

The historical data trend for Orion Energy Systems'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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Orion Energy Systems ROCE % Chart

Orion Energy Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-22.36

35.14

11.94

13.20

-28.19

Orion Energy Systems 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															-30.70	-41.15	-57.37	-42.89	-22.82

Orion Energy Systems ROCE % Calculation

Orion Energy Systems's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-14.966	/	( ( (78.83 - 16.684)	+	(66.855 - 22.84) )	/ 2 )
	=	-14.966	/	( (62.146	+	44.015)	/ 2 )
	=	-14.966	/	53.0805
	=	-28.19 %

Orion Energy Systems'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 )
	=	-7.564	/	( ( (61.683 - 27.219)	+	(59.981 - 28.154) )	/ 2 )
	=	-7.564	/	( ( 34.464	+	31.827 )	/ 2 )
	=	-7.564	/	33.1455
	=	-22.82 %

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

Orion Energy Systems (FRA:5A4) 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.

Orion Energy Systems ROCE % Related Terms

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Orion Energy Systems (FRA:5A4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Orion Energy Systems Inc (FRA:5A4) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OESX:USA 5A4:Germany

Address

2210 Woodland Drive, Manitowoc, WI, USA, 54220

Website

https://www.orionlighting.com

Orion Energy Systems Inc is a developer, manufacturer, and seller of lighting and energy management systems. The company segments include Orion Services Group (OSG), which accounts for the majority revenue; Orion Distribution Services Division (ODS); Orion U.S. Markets Division (USM); Orion Electric Vehicle Charging Systems and Corporate and Other. The OSG segment develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management system also provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities.

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