What is the ROCE (Return on Capital Employed) of Renold this year?
The ROCE of Renold is 0.59 undefined this year.
Renold ROCE 2024
Renold ROCE
0.59
Ticker
RNO.L
ISIN
GB0007325078
WKN
855288
In 2024, Renold's return on capital employed (ROCE) was 0.59, a -79.03% increase from the 2.79 ROCE in the previous year.
Renold Aktienanalyse
What does Renold do?
The company Renold PLC is a British manufacturer of drive chains and gear drive systems with a wide range of associated products and services. Founded in 1864 by Joseph Astley Budden, the company has become synonymous with quality and innovation in drive technology. Over the years, Renold has diversified into various areas to meet the growing demands of customers. The company now has multiple divisions, each specializing in specific products for different markets. Renold's business model is based on producing high-quality and durable products for various applications, including industries such as aviation, mining, food, automotive, and energy. In addition to manufacturing components, Renold also offers comprehensive services such as maintenance, repairs, and overhauls. The company takes pride in delivering the highest standards of quality and performance to meet the strict requirements of its customers. Renold ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Renold's Return on Capital Employed (ROCE)
Renold'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 Renold'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
Renold'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 Renold’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 Renold stock
How has the ROCE (Return on Capital Employed) of Renold developed compared to the previous year?
The ROCE of Renold has increased by -79.03% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Renold?
A high Return on Capital Employed (ROCE) indicates that Renold 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 Renold?
A low ROCE (Return on Capital Employed) can indicate that Renold 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 Renold impact the company?
An increase in the ROCE of Renold 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 Renold affect the company?
A decrease in ROCE of Renold 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 Renold?
Some factors that can affect Renold's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Renold so important for investors?
The ROCE of Renold 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 Renold take to improve the ROCE?
To improve the ROCE, Renold 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 Renold pay?
Over the past 12 months, Renold paid a dividend of 0.01 GBP . This corresponds to a dividend yield of about 0.89 %. For the coming 12 months, Renold is expected to pay a dividend of 0.01 GBP.
What is the dividend yield of Renold?
The current dividend yield of Renold is 0.89 %.
When does Renold pay dividends?
Renold pays a quarterly dividend. This is distributed in the months of February, August, February, September.
How secure is the dividend of Renold?
Renold paid dividends every year for the past 0 years.
What is the dividend of Renold?
For the upcoming 12 months, dividends amounting to 0.01 GBP are expected. This corresponds to a dividend yield of 0.89 %.
In which sector is Renold located?
Renold is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Renold kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Renold from 9/17/2024 amounting to 0.005 GBP, you needed to have the stock in your portfolio before the ex-date on 8/8/2024.
When did Renold pay the last dividend?
The last dividend was paid out on 9/17/2024.
What was the dividend of Renold in the year 2023?
In the year 2023, Renold distributed 0 GBP as dividends.
In which currency does Renold pay out the dividend?
The dividends of Renold are distributed in GBP.
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Andere Kennzahlen von Renold
Our stock analysis for Renold 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 Renold Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
