What is the ROCE (Return on Capital Employed) of Neogen this year?
The ROCE of Neogen is 0.03 undefined this year.
Neogen ROCE 2024
Neogen ROCE
0.03
Neogen Dividend yield
Ticker
NEOG
ISIN
US6404911066
WKN
883297
In 2024, Neogen's return on capital employed (ROCE) was 0.03, a -52.99% increase from the 0.07 ROCE in the previous year.
Neogen Aktienanalyse
What does Neogen do?
Neogen Corp is a leading provider of food safety and animal health solutions based in Lansing, Michigan, USA. The company was founded in 1982 by James Herbert and initially focused on the development and manufacturing of rapid tests for the dairy industry. Since then, Neogen has become an internationally operating company with over 25 subsidiaries and 1,800 employees. Neogen's business model is based on providing solutions for safe and healthy food supply and animal husbandry. The company operates in two main divisions: Food Safety and Animal Safety. Within these divisions, Neogen offers a wide range of test kits, diagnostic tools, information management software, and other products that help minimize the risk of food poisoning and improve the health of livestock. In the Food Safety division, Neogen offers a variety of test kits that allow food producers and retailers to quickly and easily detect various types of contaminants in food. These include tests for salmonella, E. coli, listeria, and mycotoxins. The company also provides tools for monitoring water quality and verifying cleaning and disinfection processes in food processing plants. In the Animal Safety division, Neogen also offers an extensive range of diagnostic tools to improve the health of livestock. The tests include infectious diseases such as brucellosis, BSE (mad cow disease), mastitis, and leukemia. Additionally, Neogen provides tools for animal identification and animal health data management. Neogen has also specialized in the development of technologies to improve animal health and nutrition, such as probiotics and supplements for livestock. Another focus of Neogen is the development of information management software that enables food producers and retailers to streamline the process of food safety and quality. The software allows companies to track tests, analyze data, and implement best practices to minimize the risk of food poisoning. In recent years, Neogen has also increasingly focused on the global market, especially the Asian market. The company has subsidiaries in various parts of the world, including Europe, Latin America, and Asia. Neogen works closely with local regulatory authorities to offer its products in accordance with local requirements. In conclusion, Neogen Corp is a leading provider of food safety and animal health solutions, focusing on the development and manufacturing of test kits, diagnostic tools, and information management software. The company has experienced impressive growth in recent decades and is now operating internationally. With its commitment to safe and healthy food supply and animal husbandry, Neogen sets industry standards. Neogen ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Neogen's Return on Capital Employed (ROCE)
Neogen'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 Neogen'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
Neogen'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 Neogen’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 Neogen Stock
How has the ROCE (Return on Capital Employed) of Neogen developed compared to the previous year?
The ROCE of Neogen has increased by -52.99% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Neogen?
A high Return on Capital Employed (ROCE) indicates that Neogen 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 Neogen?
A low ROCE (Return on Capital Employed) can indicate that Neogen 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 Neogen impact the company?
An increase in the ROCE of Neogen 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 Neogen affect the company?
A decrease in ROCE of Neogen 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 Neogen?
Some factors that can affect Neogen's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Neogen so important for investors?
The ROCE of Neogen 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 Neogen take to improve the ROCE?
To improve the ROCE, Neogen 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 Neogen pay?
Over the past 12 months, Neogen paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Neogen is expected to pay a dividend of 0 USD.
What is the dividend yield of Neogen?
The current dividend yield of Neogen is .
When does Neogen pay dividends?
Neogen pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Neogen?
Neogen paid dividends every year for the past 0 years.
What is the dividend of Neogen?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Neogen located?
Neogen is assigned to the 'Health' sector.
Wann musste ich die Aktien von Neogen kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Neogen from 6/9/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/9/2024.
When did Neogen pay the last dividend?
The last dividend was paid out on 6/9/2024.
What was the dividend of Neogen in the year 2023?
In the year 2023, Neogen distributed 0 USD as dividends.
In which currency does Neogen pay out the dividend?
The dividends of Neogen are distributed in USD.
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Our stock analysis for Neogen 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 Neogen Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
