IGP Advantag AG (FRA:A62) ROCE % : 0.11% (As of Jun. 2023)

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What is IGP Advantag 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. IGP Advantag AG's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.11%.

IGP Advantag AG ROCE % Historical Data

The historical data trend for IGP Advantag 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.

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IGP Advantag AG ROCE % Chart

IGP Advantag AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-55.76

-1.64

7.89

-4.43

-5.14

IGP Advantag AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-0.53	-6.29	3.48	-10.02	0.11

IGP Advantag AG ROCE % Calculation

IGP Advantag AG'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 )
	=	-1.833	/	( ( (61.8 - 24.553)	+	(72.779 - 38.721) )	/ 2 )
	=	-1.833	/	( (37.247	+	34.058)	/ 2 )
	=	-1.833	/	35.6525
	=	-5.14 %

IGP Advantag AG's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	0.094	/	( ( (72.779 - 38.721)	+	(129.858 - 0.072) )	/ 2 )
	=	0.094	/	( ( 34.058	+	129.786 )	/ 2 )
	=	0.094	/	81.922
	=	0.11 %

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

IGP Advantag AG (FRA:A62) 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.

IGP Advantag AG ROCE % Related Terms

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IGP Advantag AG (FRA:A62) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

A62:Germany

Address

Friedrichstrasse 61, Geldern, DEU, 10117

Website

https://www.igp-advantag.ag

IGP Advantag AG is an integrated infrastructure service provider with distinctive specialist knowledge along the entire value chain of the Architecture, Engineering and Construction industry. The services offered by the company includes clarification of special planning or building law situations to general planning and project management as well as implementation and construction management to property and quality monitoring and commissioning.

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