What is the ROCE (Return on Capital Employed) of Drax Group this year?
The ROCE of Drax Group is 0.41 undefined this year.
Drax Group ROCE 2024
Drax Group ROCE
0.41
Drax Group Dividend yield
4.32 %
Ticker
DRX.L
ISIN
GB00B1VNSX38
WKN
A0MK9W
In 2024, Drax Group's return on capital employed (ROCE) was 0.41, a 0.8% increase from the 0.41 ROCE in the previous year.
Drax Group Aktienanalyse
What does Drax Group do?
The Drax Group PLC is a British company and the largest energy supply company in Europe. The company was founded in 1974 and is headquartered in Selby, North Yorkshire. The Drax Group is a major supplier of renewable energy and has three business areas: generation, customer solutions, and bioscience. Drax Generation produces electricity from coal and renewable energy. The company operates the Drax Power Station and eight other power plants. The Drax Power Station, the largest power plant in the UK, can provide electricity to around six million households in the UK with an annual capacity of 3.9 gigawatts. The other power plants are located in Scotland, Pakistan, France, and the USA. Despite coal power generation, the Drax Group has increased its commitment to renewable energy in recent years. The company aims to switch completely to biomass by 2025 and become carbon neutral by 2030. Biomass is obtained from wood pellets and agricultural residues such as straw and corn stalks. The transition to biomass has also contributed to the creation of new jobs in rural areas. In addition to electricity generation, the Drax Group also offers customer solutions. This includes products and services in the areas of energy efficiency, sustainability, and energy supply. For example, customers can have their own solar panels installed on their rooftops or implement energy-saving measures to save costs. The third business area of the Drax Group is bioscience. This involves the research and development of new technologies and products from biomass. For example, wood pellets are produced that can be used in power plants for electricity generation, but can also be used as fuel for private fireplaces and stoves. Biofuels and bioplastics are also potential products that could be made from biomass. The Drax Group operates in a very dynamic environment and faces major challenges. The energy transition and climate change are important issues that affect the business. In order to continue to be successful, the company must invest in renewable energy and adapt to regulatory frameworks. The development of new technologies will also play a crucial role. Overall, the Drax Group can be seen as an innovative and forward-looking company that is facing the challenges of the energy transition. With a diversified business model and a clear strategy, the company has good chances of being successful in the future. Drax Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Drax Group's Return on Capital Employed (ROCE)
Drax Group's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Drax Group's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Drax Group's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Drax Group’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Drax Group Stock
How has the ROCE (Return on Capital Employed) of Drax Group developed compared to the previous year?
The ROCE of Drax Group has increased by 0.8% increased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Drax Group?
A high Return on Capital Employed (ROCE) indicates that Drax Group has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Drax Group?
A low ROCE (Return on Capital Employed) can indicate that Drax Group has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Drax Group impact the company?
An increase in the ROCE of Drax Group can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Drax Group affect the company?
A decrease in ROCE of Drax Group can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Drax Group?
Some factors that can affect Drax Group's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Drax Group so important for investors?
The ROCE of Drax Group is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Drax Group take to improve the ROCE?
To improve the ROCE, Drax Group can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Drax Group pay?
Over the past 12 months, Drax Group paid a dividend of 0.22 GBP . This corresponds to a dividend yield of about 4.32 %. For the coming 12 months, Drax Group is expected to pay a dividend of 0.22 GBP.
What is the dividend yield of Drax Group?
The current dividend yield of Drax Group is 4.32 %.
When does Drax Group pay dividends?
Drax Group pays a quarterly dividend. This is distributed in the months of September, May, September, May.
How secure is the dividend of Drax Group?
Drax Group paid dividends every year for the past 22 years.
What is the dividend of Drax Group?
For the upcoming 12 months, dividends amounting to 0.22 GBP are expected. This corresponds to a dividend yield of 4.31 %.
In which sector is Drax Group located?
Drax Group is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Drax Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Drax Group from 5/17/2024 amounting to 0.139 GBP, you needed to have the stock in your portfolio before the ex-date on 4/18/2024.
When did Drax Group pay the last dividend?
The last dividend was paid out on 5/17/2024.
What was the dividend of Drax Group in the year 2023?
In the year 2023, Drax Group distributed 0.197 GBP as dividends.
In which currency does Drax Group pay out the dividend?
The dividends of Drax Group are distributed in GBP.
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Our stock analysis for Drax Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Drax Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
