Planum GP a.d (XBEL:PLNM) ROCE % : 0.83% (As of Dec. 2023)

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What is Planum GP a.d 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. Planum GP a.d's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.83%.

Planum GP a.d ROCE % Historical Data

The historical data trend for Planum GP a.d'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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Planum GP a.d ROCE % Chart

Planum GP a.d Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.76

0.86

1.60

0.98

0.46

Planum GP a.d Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-	1.97	0.09	0.83

Planum GP a.d ROCE % Calculation

Planum GP a.d'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 )
	=	7.246	/	( ( (1873.009 - 301.616)	+	(1835.407 - 264.094) )	/ 2 )
	=	7.246	/	( (1571.393	+	1571.313)	/ 2 )
	=	7.246	/	1571.353
	=	0.46 %

Planum GP a.d's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	13.072	/	( ( (1944.472 - 372.938)	+	(1835.407 - 264.094) )	/ 2 )
	=	13.072	/	( ( 1571.534	+	1571.313 )	/ 2 )
	=	13.072	/	1571.4235
	=	0.83 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Planum GP a.d (XBEL:PLNM) 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.

Planum GP a.d ROCE % Related Terms

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Planum GP a.d (XBEL:PLNM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Planum GP a.d (XBEL:PLNM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

October 22, 15, Belgrade, SRB

Website

http://www.planum.rs

Planum GP a.d is a principally engaged in the Engineering and Construction industry. Its activities comprise construction of Airports and Air bases, Highways and Motorways, Underground structures and Tunnels, Railroad tracks, city road and infrastructure, hydrotechnical facilities, construction of quality and geomechanical testing, catering and tourism. The company operates in more than 5 countries.

Planum GP a.d (XBEL:PLNM) Headlines

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