Norsk Titanium AS
OSE:NTI
ROCE
Return on Capital Employed (ROCE) measures how efficiently a company uses its capital to generate profit. It shows how much net income is earned for each dollar of capital employed.
Return on Capital Employed (ROCE) measures how efficiently a company uses its capital to generate profit. It shows how much net income is earned for each dollar of capital employed.
Peer Comparison
| Country | Company | Market Cap | ROCE | ||
|---|---|---|---|---|---|
| NO |
N
|
Norsk Titanium AS
OSE:NTI
|
854.5m NOK |
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|
|
| US |
|
Raytheon Technologies Corp
NYSE:RTX
|
264.7B USD |
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|
|
| US |
|
RTX Corp
LSE:0R2N
|
259.4B USD |
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|
|
| US |
|
Boeing Co
NYSE:BA
|
180B USD |
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|
|
| NL |
|
Airbus SE
PAR:AIR
|
147B EUR |
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|
|
| FR |
|
Safran SA
PAR:SAF
|
145B EUR |
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|
|
| UK |
|
Rolls-Royce Holdings PLC
LSE:RR
|
117.2B GBP |
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|
|
| US |
|
Lockheed Martin Corp
NYSE:LMT
|
147.1B USD |
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|
|
| US |
|
Howmet Aerospace Inc
NYSE:HWM
|
104.7B USD |
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|
|
| US |
|
Northrop Grumman Corp
NYSE:NOC
|
101.1B USD |
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|
|
| US |
|
General Dynamics Corp
NYSE:GD
|
94.8B USD |
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|
Market Distribution
| Min | -2 664.3% |
| 30th Percentile | -1.2% |
| Median | 1% |
| 70th Percentile | 4.6% |
| Max | 147% |
Other Profitability Ratios
Norsk Titanium AS
Glance View
Norsk Titanium AS engages in the production and supply of aerospace-grade, additive manufactured, structural titanium components. The company is headquartered in Honefoss, Buskerud. The company went IPO on 2021-05-18. The firm optimized Repeatable Digital Programming (RPD) technology to produce complex titanium components for industrial applications. The firm uses adapted Three-Dimensional (3D) printed titanium parts to create its titanium components. Through its Boeing Material Specification (BMS) and Aerospace Material Specification (AMS) 7004 / 7005 the Company's titanium parts can directly replace parts within the same design parameters and existing industrial flow. With this 3D technology, Norsk Titanium AS enters the Industrial, Commercial Aerospace, Maritime, Engine and Turbine market. The firm operates through its subsidiaries: Norsk Titanium Equipment AS, NTi MH AS, Norsk Titanium US Inc, Norsk Titanium Services Ltd, NTi Equipment Leasing(US) and One LLC.
See Also
ROCE is calculated by dividing the EBIT by the Avg Capital Employed.
The current ROCE for Norsk Titanium AS is -161.8%, which is above its 3-year median of -173.5%.
Over the last 3 years, Norsk Titanium AS’s ROCE has decreased from -76.7% to -161.8%. During this period, it reached a low of -237.9% on Dec 31, 2023 and a high of -76.7% on Dec 1, 2022.
