Napier Port Holdings (NZSE:NPH) ROCE % : 9.33% (As of Mar. 2024)

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What is Napier Port Holdings 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. Napier Port Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.33%.

Napier Port Holdings ROCE % Historical Data

The historical data trend for Napier Port Holdings'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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Napier Port Holdings ROCE % Chart

Napier Port Holdings Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

6.35

8.16

7.81

5.71

5.28

Napier Port Holdings Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial					4.85	6.21	5.49	5.09	9.33

Napier Port Holdings ROCE % Calculation

Napier Port Holdings's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	28.905	/	( ( (562.714 - 14.913)	+	(564.771 - 17.45) )	/ 2 )
	=	28.905	/	( (547.801	+	547.321)	/ 2 )
	=	28.905	/	547.561
	=	5.28 %

Napier Port Holdings'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	51.788	/	( ( (564.771 - 17.45)	+	(584.969 - 22.228) )	/ 2 )
	=	51.788	/	( ( 547.321	+	562.741 )	/ 2 )
	=	51.788	/	555.031
	=	9.33 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Napier Port Holdings (NZSE:NPH) 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.

Napier Port Holdings ROCE % Related Terms

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Napier Port Holdings (NZSE:NPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Napier Port Holdings Ltd (NZSE:NPH) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Breakwater Road, P.O. Box 947, Napier, NTL, NZL, 4140

Website

https://www.napierport.co.nz

Napier Port Holdings Ltd is engaged in providing port and logistics services. The company's only segment is Port Services. It includes marine services, general cargo services, container services, port pack services, and depot services. Geographically, it derives a majority of its revenue from New Zealand.

Napier Port Holdings (NZSE:NPH) Headlines

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