Willdan Group (FRA:J2A) ROCE % : 8.04% (As of Mar. 2024)

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What is Willdan Group 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. Willdan Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.04%.

Willdan Group ROCE % Historical Data

The historical data trend for Willdan Group'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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Willdan Group ROCE % Chart

Willdan Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.73

-4.68

-3.14

-2.26

8.11

Willdan Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.86	4.70	7.70	16.35	8.04

Willdan Group ROCE % Calculation

Willdan Group'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 )
	=	22.012	/	( ( (386.732 - 120.048)	+	(381.094 - 105.162) )	/ 2 )
	=	22.012	/	( (266.684	+	275.932)	/ 2 )
	=	22.012	/	271.308
	=	8.11 %

Willdan Group'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 )
	=	22.32	/	( ( (381.094 - 105.162)	+	(375.268 - 95.743) )	/ 2 )
	=	22.32	/	( ( 275.932	+	279.525 )	/ 2 )
	=	22.32	/	277.7285
	=	8.04 %

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

Willdan Group (FRA:J2A) 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.

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Willdan Group (FRA:J2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Willdan Group Inc (FRA:J2A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WLDN:USA J2A:Germany

Address

2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806

Website

https://www.willdan.com

Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.

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