Austriacard Holdings AG (ATH:ACAG) ROCE % : 9.40% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Austriacard Holdings AG 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. Austriacard Holdings AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.40%.

Austriacard Holdings AG ROCE % Historical Data

The historical data trend for Austriacard Holdings AG'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.

* Premium members only.

Austriacard Holdings AG ROCE % Chart

Austriacard Holdings AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

5.42

7.55

9.85

7.13

13.81

Austriacard Holdings AG Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			15.04	9.58	4.35	19.79	9.40

Austriacard Holdings AG ROCE % Calculation

Austriacard Holdings AG's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	27.153	/	( ( (270.203 - 99.429)	+	(321.688 - 99.317) )	/ 2 )
	=	27.153	/	( (170.774	+	222.371)	/ 2 )
	=	27.153	/	196.5725
	=	13.81 %

Austriacard Holdings AG's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	19.128	/	( ( (284.551 - 99.795)	+	(321.688 - 99.317) )	/ 2 )
	=	19.128	/	( ( 184.756	+	222.371 )	/ 2 )
	=	19.128	/	203.5635
	=	9.40 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Austriacard Holdings AG (ATH:ACAG) 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.

Austriacard Holdings AG ROCE % Related Terms

Thank you for viewing the detailed overview of Austriacard Holdings AG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Austriacard Holdings AG (ATH:ACAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Austriacard Holdings AG (ATH:ACAG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ACQ0:Germany ACAG:Austria

Address

Lamezanstrasse 4-8, Vienna, AUT, 1232

Website

https://www.austriacard.com

Austriacard Holdings AG is a B2B (business-to-business) provider of secure data solutions mainly in Europe, with market share in many European countries. It engages in the business areas of Digital Security and Information Management. The Digital Security division provides end-to-end secure data solutions and offers personalization services and products for the sensitive areas of financial institutions, government, the public sector, transportation as well as industry & retail. The information management division provides products and services for secure document and information management, as well as specialized solutions for the digital transformation of businesses and organizations under the brand INFORM.

Executives

Nikolaos Lykos

Chairman of the Management Board

Austriacard Holdings AG (ATH:ACAG) Headlines

No Headlines