GURUFOCUS.COM » STOCK LIST » Hymer AG (FRA:HYM) » Definitions » ROCE %

Hymer AG (FRA:HYM) ROCE % : 0.00% (As of . 20)


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

What is Hymer 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. Hymer AG's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Hymer AG ROCE % Historical Data

The historical data trend for Hymer 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.

Hymer AG ROCE % Chart

Hymer AG Annual Data
Trend Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11
ROCE %
Get a 7-Day Free Trial 10.80 10.25 - - 13.30

Hymer AG Quarterly Data
ROCE %

Hymer AG ROCE % Calculation

Hymer AG's annualized ROCE % for the fiscal year that ended in Aug. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2011 )  (A: Aug. 2010 )(A: Aug. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2011 )  (A: Aug. 2010 )(A: Aug. 2011 )
=32.81/( ( (417.864 - 125.762) + (407.832 - 206.589) )/ 2 )
=32.81/( (292.102+201.243)/ 2 )
=32.81/246.6725
=13.30 %

Hymer AG's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

* 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.

Hymer AG  (FRA:HYM) 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.

Hymer AG ROCE % Related Terms

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

Hymer AG (FRA:HYM) Headlines

No Headlines