Enerpac Tool Group (STU:PW9) ROCE % : 18.00% (As of Feb. 2024)

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What is Enerpac Tool 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. Enerpac Tool Group's annualized ROCE % for the quarter that ended in Feb. 2024 was 18.00%.

Enerpac Tool Group ROCE % Historical Data

The historical data trend for Enerpac Tool 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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Enerpac Tool Group ROCE % Chart

Enerpac Tool Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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4.90

3.39

7.03

4.75

12.85

Enerpac Tool Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															8.27	15.42	19.86	17.73	18.00

Enerpac Tool Group ROCE % Calculation

Enerpac Tool Group's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	74.54	/	( ( (747.467 - 151.197)	+	(699.301 - 135.826) )	/ 2 )
	=	74.54	/	( (596.27	+	563.475)	/ 2 )
	=	74.54	/	579.8725
	=	12.85 %

Enerpac Tool Group's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	107.452	/	( ( (707.384 - 117.333)	+	(713.128 - 109.524) )	/ 2 )
	=	107.452	/	( ( 590.051	+	603.604 )	/ 2 )
	=	107.452	/	596.8275
	=	18.00 %

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

Enerpac Tool Group (STU:PW9) 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.

Enerpac Tool Group ROCE % Related Terms

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Enerpac Tool Group (STU:PW9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enerpac Tool Group Corp (STU:PW9) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EPAC:USA PW9:Germany

Address

N86 W12500 Westbrook Crossing, Menomonee Falls, WI, USA, 53051

Website

https://www.enerpactoolgroup.com

Enerpac Tool Group, previously known as Actuant, provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company operates through two segments: industrial tools and services and other. It categorizes its revenue into two parts: product sales and services, which include manpower services and rentals. Product sales is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, Asia, Australia, Europe, Middle East, and other areas. The U.S. makes up the largest contribution to the company's total revenue.

Enerpac Tool Group (STU:PW9) Headlines

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