What is the ROCE (Return on Capital Employed) of Encore Wire this year?
The ROCE of Encore Wire is 0.26 undefined this year.
Encore Wire ROCE 2024
Encore Wire ROCE
0.26
Ticker
WIRE
ISIN
US2925621052
WKN
892473
In 2024, Encore Wire's return on capital employed (ROCE) was 0.26, a -48.66% increase from the 0.5 ROCE in the previous year.
Encore Wire Aktienanalyse
What does Encore Wire do?
Encore Wire Corp is an American company based in McKinney, Texas, specializing in the production of copper and aluminum wiring products. It was founded in 1989 by Daniel L. Jones and has been traded on NASDAQ under the ticker symbol "WIRE" since its IPO in 1992. The business model of Encore Wire Corp is based on the production and sale of electrical wires used in the construction industry and electrical installations. The company produces a wide range of copper and aluminum wires, including low voltage wire, data and communication cables, and various types of wire products. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers in various industries. Encore Wire Corp started in 1989 with a production area of 40,000 square feet and a production capacity of 2 million pounds of copper wire per month. The company quickly realized that it was able to produce high-quality wire at a better price than its competitors. Within a few years, it expanded its production capacity to over 50 million pounds of copper wire per month. In 1992, Encore Wire Corp went public, allowing it to generate capital to further expand. Over the past decades, the company has continuously invested in its factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp currently operates four production facilities in Texas and Oklahoma. Encore Wire Corp produces a wide range of wires and cables used in various industries, including the construction industry, electrical installations, mechanical engineering, and the automotive industry. Some of Encore Wire Corp's key products include: - Low voltage wire: These wire products are suitable for use in residential and commercial buildings and can be used to power outlets, lighting, and electrical devices. - Data and communication cables: These cable products are used in the IT industry, telecommunications industry, and data centers. - Wire products: Encore Wire Corp also produces a wide range of specialized wire products used in a variety of industries. These include wire bundles, flat wire, wire ropes, and flexible wires. In conclusion, Encore Wire Corp is a reliable and reputable manufacturer of electrical wiring products used in various industries. The company has continuously invested in new technologies and factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers. Encore Wire ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Encore Wire's Return on Capital Employed (ROCE)
Encore Wire'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 Encore Wire'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
Encore Wire'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 Encore Wire’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 Encore Wire Stock
How has the ROCE (Return on Capital Employed) of Encore Wire developed compared to the previous year?
The ROCE of Encore Wire has increased by -48.66% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Encore Wire?
A high Return on Capital Employed (ROCE) indicates that Encore Wire 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 Encore Wire?
A low ROCE (Return on Capital Employed) can indicate that Encore Wire 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 Encore Wire impact the company?
An increase in the ROCE of Encore Wire 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 Encore Wire affect the company?
A decrease in ROCE of Encore Wire 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 Encore Wire?
Some factors that can affect Encore Wire's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Encore Wire so important for investors?
The ROCE of Encore Wire 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 Encore Wire take to improve the ROCE?
To improve the ROCE, Encore Wire 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 Encore Wire pay?
Over the past 12 months, Encore Wire paid a dividend of 0.08 USD . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, Encore Wire is expected to pay a dividend of 0.11 USD.
What is the dividend yield of Encore Wire?
The current dividend yield of Encore Wire is 0.03 %.
When does Encore Wire pay dividends?
Encore Wire pays a quarterly dividend. This is distributed in the months of November, February, May, August.
How secure is the dividend of Encore Wire?
Encore Wire paid dividends every year for the past 0 years.
What is the dividend of Encore Wire?
For the upcoming 12 months, dividends amounting to 0.11 USD are expected. This corresponds to a dividend yield of 0.04 %.
In which sector is Encore Wire located?
Encore Wire is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Encore Wire kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Encore Wire from 7/19/2024 amounting to 0.02 USD, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.
When did Encore Wire pay the last dividend?
The last dividend was paid out on 7/19/2024.
What was the dividend of Encore Wire in the year 2023?
In the year 2023, Encore Wire distributed 0.08 USD as dividends.
In which currency does Encore Wire pay out the dividend?
The dividends of Encore Wire are distributed in USD.
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Andere Kennzahlen von Encore Wire
Our stock analysis for Encore Wire 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 Encore Wire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
