Compagnie de l`Odet (Compagnie de l`Odet) ROCE % : 2.04% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Compagnie de l`Odet 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. Compagnie de l`Odet's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.04%.

Compagnie de l`Odet ROCE % Historical Data

The historical data trend for Compagnie de l`Odet'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.

Compagnie de l`Odet ROCE % Chart

Compagnie de l`Odet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.04

2.16

-0.17

-1.10

1.94

Compagnie de l`Odet Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.76	3.76	-6.16	1.86	2.04

Compagnie de l`Odet ROCE % Calculation

Compagnie de l`Odet'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 )
	=	871.32	/	( ( (57209.322 - 12851.801)	+	(65410.251 - 19981.788) )	/ 2 )
	=	871.32	/	( (44357.521	+	45428.463)	/ 2 )
	=	871.32	/	44892.992
	=	1.94 %

Compagnie de l`Odet'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 )
	=	914.94	/	( ( (56698.267 - 12604.767)	+	(65410.251 - 19981.788) )	/ 2 )
	=	914.94	/	( ( 44093.5	+	45428.463 )	/ 2 )
	=	914.94	/	44760.9815
	=	2.04 %

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

Compagnie de l`Odet (OTCPK:FCODF) 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.

Compagnie de l`Odet ROCE % Related Terms

Thank you for viewing the detailed overview of Compagnie de l`Odet's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Compagnie de l`Odet (Compagnie de l`Odet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Compagnie de l`Odet (OTCPK:FCODF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ODET:France

Address

51, Boulevard de Montmorency, Paris, FRA, 75016

Website

http://www.compagniedelodet.net

Compagnie de l`Odet is a France-based holding company with a major interest in the Bollore Group. The Bollore Group's operations are based on four areas: Transportation and logistics, Oil logistics, Communication, and Electricity storage and systems. Alongside these businesses, the group also manages several investments including plantations, real estate assets, and a portfolio of equity investments. It derives key revenue from the Communication business area and has operations in France, other parts of Europe, Africa, Asia-Pacific, and the United States.

Compagnie de l`Odet (Compagnie de l`Odet) Headlines

No Headlines