Metalliance (HCM) (XPAR:MLETA) ROCE % : 1.01% (As of Dec. 2022)

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What is Metalliance (HCM) ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Metalliance (HCM)'s annualized ROCE % for the quarter that ended in Dec. 2022 was 1.01%.

Metalliance (HCM) ROCE % Historical Data

The historical data trend for Metalliance (HCM)'s ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Metalliance (HCM) ROCE % Chart

Metalliance (HCM) Annual Data

Trend

Dec21

Dec22

ROCE %

2.76

1.01

Metalliance (HCM) Semi-Annual Data
	Dec21	Dec22
ROCE %	2.76	1.01

Metalliance (HCM) ROCE % Calculation

Metalliance (HCM)'s annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.199	/	( ( (40.601 - 20.758)	+	(41.448 - 21.717) )	/ 2 )
	=	0.199	/	( (19.843	+	19.731)	/ 2 )
	=	0.199	/	19.787
	=	1.01 %

Metalliance (HCM)'s ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	0.199	/	( ( (40.601 - 20.758)	+	(41.448 - 21.717) )	/ 2 )
	=	0.199	/	( ( 19.843	+	19.731 )	/ 2 )
	=	0.199	/	19.787
	=	1.01 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Metalliance (HCM) (XPAR:MLETA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Metalliance (HCM) ROCE % Related Terms

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Metalliance (HCM) (XPAR:MLETA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Metalliance (HCM) (XPAR:MLETA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ZI de la Saule, Saint-Vallier, FRA, 71230

Website

http://www.metalliance-tsi.com

Metalliance (HCM) is engaged in the business of designing and manufacturing industrial equipment and mobile machinery. The product portfolio includes aeronautical equipment, automatic sleeper laying, balloon winch system, bogy chassis, carousels, compressor base, conveyors, ferrules, gas turbine exhaust body, among others. The areas of activity are machinery for rail works, slipform pavers for roadworks, machinery for underground work, mechanically welded construction, and vibrating equipment and bulk handling.

Metalliance (HCM) (XPAR:MLETA) Headlines

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