Applus Services (FRA:39A) ROCE % : 3.98% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Applus Services 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. Applus Services's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.98%.

Applus Services ROCE % Historical Data

The historical data trend for Applus Services'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.

Applus Services ROCE % Chart

Applus Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.40

-7.25

5.50

6.80

5.70

Applus Services 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															5.91	6.60	6.97	7.44	3.98

Applus Services ROCE % Calculation

Applus Services'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 )
	=	103.402	/	( ( (2432.604 - 585.849)	+	(2440.687 - 656.213) )	/ 2 )
	=	103.402	/	( (1846.755	+	1784.474)	/ 2 )
	=	103.402	/	1815.6145
	=	5.70 %

Applus Services'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 )
	=	71.278	/	( ( (2466.044 - 668.489)	+	(2440.687 - 656.213) )	/ 2 )
	=	71.278	/	( ( 1797.555	+	1784.474 )	/ 2 )
	=	71.278	/	1791.0145
	=	3.98 %

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

Applus Services (FRA:39A) 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.

Applus Services ROCE % Related Terms

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

Applus Services (FRA:39A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Applus Services SA (FRA:39A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0QTZ:UK APPS:Spain

Address

C/ Campezo n 1, Parque Empresarial Las Mercedes, Edificio 3, Madrid, ESP, 28022

Website

https://www.applus.com

Applus Services SA is a Spain-based company that provides testing, inspection and certification services. The company operates through four divisions. The energy and industry division, which accounts for the majority of revenue, is primarily engaged in industrial and environmental inspection, technical assistance, technical staffing, and others. The automotive division conducts statutory vehicle inspection services for safety and emissions. The IDIADA division provides vehicle proving ground, engineering, design and other services. The laboratories division conducts product testing and certification services for laboratories. Europe, North America, Asia Pacific are the three biggest markets for the company.

Applus Services (FRA:39A) Headlines

No Headlines