GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Baran Group Ltd (XTAE:BRAN) » Definitions » ROCE %

Baran Group (XTAE:BRAN) ROCE % : 33.41% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Baran 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. Baran Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 33.41%.


Baran Group ROCE % Historical Data

The historical data trend for Baran 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.

* Premium members only.

Baran Group ROCE % Chart

Baran Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.90 9.60 7.22 10.96 17.36

Baran Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.01 10.04 12.02 10.89 33.41

Baran Group ROCE % Calculation

Baran Group'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 )
=52.541/( ( (593.27 - 321.613) + (729.74 - 395.921) )/ 2 )
=52.541/( (271.657+333.819)/ 2 )
=52.541/302.738
=17.36 %

Baran Group'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 )
=112.452/( ( (680.934 - 341.537) + (729.74 - 395.921) )/ 2 )
=112.452/( ( 339.397 + 333.819 )/ 2 )
=112.452/336.608
=33.41 %

(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.


Baran Group  (XTAE:BRAN) 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.


Baran Group ROCE % Related Terms

Thank you for viewing the detailed overview of Baran Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Baran Group (XTAE:BRAN) Business Description

Traded in Other Exchanges
Address
5 Menachem Begin Avenue, Baran House, Beit-Dagan, ISR, 50200
Baran Group Ltd is a provider of Engineering, Technology, Telecommunication and Construction solutions. The company offers creative, innovative and proven integrated sustainable engineering solutions to complex and challenging projects, customized to clients' requirements. Its engineering solutions include feasibility studies, engineering and detailed design solutions, preparation for obtaining regulatory permits, construction and site management, project management and control including Engineering, Procurement and Construction Management services and turnkey projects. The company operates in sectors such as general building, transportation, telecommunication and more.

Baran Group (XTAE:BRAN) Headlines

No Headlines