Tirex Stock

Tirex ROCE

The Return on Capital Employed (ROCE) of Tirex (TXMC) as of Aug 17, 2026 is 1.35 %. In the previous year, Return on Capital Employed (ROCE) was 2.06 % — a change of -34.23% (lower).

ROCE

1.35 %

YoY

-34.23%

Last updated:

In 2026, Tirex's return on capital employed (ROCE) was 1.35 %, a -34.23% increase from the 2.06 % ROCE in the previous year.

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Tirex Stock analysis

What does Tirex do? Tirex Corp is a company that specializes in the development and marketing of innovative technologies for tire recycling. The company was founded in 1990 and is headquartered in Canada. It has become one of the leading providers in the field of tire recycling technologies and operates worldwide. As the first step in the tire recycling chain, shredding is necessary. Tirex Corp has been at the forefront in this area. Using the "Cryogenic Rubber Recycling Technology," the company can break down used tires into their components and then reuse them. The method is characterized by relatively low energy costs and high productivity. The technology has proven to be very successful and is used in many countries around the world. Over the years, the company has expanded its business model to meet the growing demand for new and innovative tire recycling technologies. Tirex Corp now has a wide portfolio of products and services used in the tire industry. Key product is the "Tirex Tyre Recycling Solution," capable of turning used tires into powdered rubber that can be processed into various end products. The powdered rubber can be used, for example, in the production of sports fields, road surfaces, or insulation materials. In addition to developing recycling technologies, Tirex Corp is active in other areas. The company offers a wide range of services, such as training, technical support, development of custom solutions, and consulting services. Furthermore, the company operates its own recycling facilities and offers its technology as a license. Tirex strives to provide innovative solutions and aims to create a comprehensive and environmentally friendly recycling infrastructure. The "Cryogenic Rubber Recycling Technology" is just one of many areas where Tirex Corp is active. In recent years, the company has also developed other technologies that can increase efficiency in the tire industry. One of these innovations is the "Tire Styrene Generation Technology." With this technology, the styrene glycol ether generated during the production of tires from synthetic rubber can be broken down into its components. This helps to reduce the demand for newly produced styrene. Tirex Corp is committed to minimizing the environmental impact of tire production and disposal. Therefore, the company's products are both environmentally and economically viable. The company's commitment to sustainability is reflected in numerous awards and certifications. Overall, Tirex Corp has achieved a lot in the past decades and has solidified its position as a leading provider of recycling technologies worldwide. The company continues to strive for the development of environmentally friendly products and technologies and is well positioned to succeed in a world increasingly shaped by climate change and environmental awareness. Tirex is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Tirex's Return on Capital Employed (ROCE)

Tirex'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 Tirex'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

Tirex'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 Tirex’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 Tirex stock

Return on Capital Employed (ROCE) of Tirex is 1.35 % in 2026.

Return on Capital Employed (ROCE) of Tirex changed from 2.06 % to 1.35 %, representing a -34.23% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Tirex since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Tirex with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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