Enerpac Tool Group Corp (EPAC)
Return on total capital
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 121,586 | 123,748 | 115,824 | 100,275 | 83,922 | 64,846 | 46,050 | 36,562 | 30,660 | 31,123 | 47,227 | 48,450 | 51,112 | 40,766 | 16,021 | 18,881 | 24,181 | 26,388 | 66,565 | 70,437 |
| Long-term debt | US$ in thousands | 189,503 | 190,711 | 239,920 | 240,128 | 210,337 | 231,545 | 206,754 | 200,359 | 200,000 | 205,000 | 175,000 | 175,000 | 175,000 | 195,000 | 210,000 | 255,000 | 255,000 | 286,497 | 286,367 | 286,236 |
| Total stockholders’ equity | US$ in thousands | 391,979 | 365,771 | 336,926 | 321,676 | 326,620 | 336,619 | 340,788 | 334,323 | 318,611 | 366,272 | 413,023 | 409,806 | 412,198 | 416,911 | 381,393 | 367,946 | 359,226 | 336,282 | 354,365 | 353,253 |
| Return on total capital | 20.91% | 22.24% | 20.08% | 17.85% | 15.63% | 11.41% | 8.41% | 6.84% | 5.91% | 5.45% | 8.03% | 8.28% | 8.70% | 6.66% | 2.71% | 3.03% | 3.94% | 4.24% | 10.39% | 11.01% |
August 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $121,586K ÷ ($189,503K + $391,979K)
= 20.91%
Enerpac Tool Group Corp's return on total capital has shown fluctuations over the past few quarters. The return on total capital ranged from a low of 2.71% in February 2021 to a high of 22.24% in May 2024.
In general, the return on total capital has been increasing from August 2021 to May 2024, indicating that the company has been utilizing its capital more efficiently to generate profits. However, there was a slight dip in the return on total capital in the most recent quarter (August 2024) compared to the previous quarter (May 2024).
Overall, Enerpac Tool Group Corp's return on total capital shows a positive trend, which suggests that the company is managing its capital effectively and generating decent returns for its investors.
Peer comparison
Aug 31, 2024