GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DL E&C Co Ltd (XKRX:375500) » Definitions » ROCE %

DL E&C Co (XKRX:375500) ROCE % : 1.78% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is DL E&C Co 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. DL E&C Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.78%.


DL E&C Co ROCE % Historical Data

The historical data trend for DL E&C Co'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.

DL E&C Co ROCE % Chart

DL E&C Co Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
16.91 11.12 5.78

DL E&C Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.20 9.50 5.25 6.67 1.78

DL E&C Co ROCE % Calculation

DL E&C Co'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 )
=328458.019/( ( (8974717.444 - 3210693.539) + (9344058.758 - 3748597.999) )/ 2 )
=328458.019/( (5764023.905+5595460.759)/ 2 )
=328458.019/5679742.332
=5.78 %

DL E&C Co'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=99232.272/( ( (9201328.066 - 3664869.681) + (9344058.758 - 3748597.999) )/ 2 )
=99232.272/( ( 5536458.385 + 5595460.759 )/ 2 )
=99232.272/5565959.572
=1.78 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


DL E&C Co  (XKRX:375500) 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.


DL E&C Co ROCE % Related Terms

Thank you for viewing the detailed overview of DL E&C Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


DL E&C Co (XKRX:375500) Business Description

Traded in Other Exchanges
Address
134 Tongil-ro, Jongno-gu, Donuimun, Center Point D Tower, Seoul, KOR, 03181
DL E&C Co Ltd is a construction company in the Engineering, Procurement, and Construction sector. The services provided by the company include Plant Works, Civil Works, Building Works, and Housing Works.

DL E&C Co (XKRX:375500) Headlines

No Headlines