L.B. Foster Co (FRA:LB1A) ROCE % : 10.13% (As of Mar. 2024)

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What is L.B. Foster Co 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. L.B. Foster Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.13%.

L.B. Foster Co ROCE % Historical Data

The historical data trend for L.B. Foster Co'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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L.B. Foster Co ROCE % Chart

L.B. Foster Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.73

6.01

2.95

-2.25

2.65

L.B. Foster Co 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															-2.07	8.82	2.86	0.69	10.13

L.B. Foster Co ROCE % Calculation

L.B. Foster Co'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 )
	=	5.935	/	( ( (344.853 - 97.337)	+	(287.21 - 87.396) )	/ 2 )
	=	5.935	/	( (247.516	+	199.814)	/ 2 )
	=	5.935	/	223.665
	=	2.65 %

L.B. Foster Co'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 )
	=	21.412	/	( ( (287.21 - 87.396)	+	(300.289 - 77.447) )	/ 2 )
	=	21.412	/	( ( 199.814	+	222.842 )	/ 2 )
	=	21.412	/	211.328
	=	10.13 %

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

L.B. Foster Co (FRA:LB1A) 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.

L.B. Foster Co ROCE % Related Terms

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L.B. Foster Co (FRA:LB1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L.B. Foster Co (FRA:LB1A) » Definitions » ROCE %

Comparable Companies

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FSTR:USA

Address

415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220

Website

https://www.lbfoster.com

L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

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