Hoevelrat Holding AG (HAM:C9T) ROCE % : -10.49% (As of Dec. 2022)

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What is Hoevelrat Holding 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. Hoevelrat Holding AG's annualized ROCE % for the quarter that ended in Dec. 2022 was -10.49%.

Hoevelrat Holding AG ROCE % Historical Data

The historical data trend for Hoevelrat Holding 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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Hoevelrat Holding AG ROCE % Chart

Hoevelrat Holding AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-8.79

12.99

9.49

-16.19

-10.49

Hoevelrat Holding AG Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial			-8.79	12.99	9.49	-16.19	-10.49

Hoevelrat Holding AG ROCE % Calculation

Hoevelrat Holding 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 )
	=	-0.845	/	( ( (8.228 - 0.036)	+	(7.958 - 0.041) )	/ 2 )
	=	-0.845	/	( (8.192	+	7.917)	/ 2 )
	=	-0.845	/	8.0545
	=	-10.49 %

Hoevelrat Holding AG's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	-0.845	/	( ( (8.228 - 0.036)	+	(7.958 - 0.041) )	/ 2 )
	=	-0.845	/	( ( 8.192	+	7.917 )	/ 2 )
	=	-0.845	/	8.0545
	=	-10.49 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Hoevelrat Holding AG (HAM:C9T) 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.

Hoevelrat Holding AG ROCE % Related Terms

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Hoevelrat Holding AG (HAM:C9T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hoevelrat Holding AG (HAM:C9T) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brodschrangen 3-5, Hamburg, DEU, 20457

Website

http://www.hoevelrat.de

Hoevelrat Holding AG is an independent asset manager. It is engaged in offering financial services. The firm provides various services such as research, marketing, controlling, distribution, staff, and sustainability.

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