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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) ROCE % : 2.09% (As of Mar. 2024)


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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.09%.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna ROCE % Historical Data

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

* Premium members only.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna ROCE % Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.42 51.57 -72.02 47.88 -0.41

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.51 47.66 -6.53 11.38 2.09

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna ROCE % Calculation

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-0.875/( ( (310.075 - 4.93) + (131.473 - 4.559) )/ 2 )
=-0.875/( (305.145+126.914)/ 2 )
=-0.875/216.0295
=-0.41 %

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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 )
=3.228/( ( (152.848 - 5.12) + (184.967 - 23.368) )/ 2 )
=3.228/( ( 147.728 + 161.599 )/ 2 )
=3.228/154.6635
=2.09 %

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

* 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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna  (WAR:PGV) 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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna ROCE % Related Terms

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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sulechowska 4a, Zielona Gora, POL, 65-119
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Headlines

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