Limbach Holdings (STU:J4B) ROCE % : 19.12% (As of Mar. 2024)

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What is Limbach 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. Limbach Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.12%.

Limbach Holdings ROCE % Historical Data

The historical data trend for Limbach 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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Limbach Holdings ROCE % Chart

Limbach Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.24

13.79

9.97

8.88

20.18

Limbach Holdings 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															12.46	22.46	28.99	19.59	19.12

Limbach Holdings ROCE % Calculation

Limbach Holdings'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 )
	=	27.644	/	( ( (278.061 - 150.176)	+	(279.171 - 133.101) )	/ 2 )
	=	27.644	/	( (127.885	+	146.07)	/ 2 )
	=	27.644	/	136.9775
	=	20.18 %

Limbach 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: 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 )
	=	28.46	/	( ( (279.171 - 133.101)	+	(266.049 - 114.442) )	/ 2 )
	=	28.46	/	( ( 146.07	+	151.607 )	/ 2 )
	=	28.46	/	148.8385
	=	19.12 %

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

Limbach Holdings (STU:J4B) 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.

Limbach Holdings ROCE % Related Terms

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Limbach Holdings (STU:J4B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Limbach Holdings Inc (STU:J4B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LMB:USA J4B:Germany

Address

797 Commonwealth Drive, Warrendale, PA, USA, 15086

Website

https://www.limbachinc.com

Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the GCR segment.

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