Aeffe SpA (MIL:AEF) ROCE % : -5.85% (As of Sep. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Aeffe SpA 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. Aeffe SpA's annualized ROCE % for the quarter that ended in Sep. 2023 was -5.85%.

Aeffe SpA ROCE % Historical Data

The historical data trend for Aeffe SpA'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.

Aeffe SpA ROCE % Chart

Aeffe SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.39

-7.52

2.85

0.15

-27.69

Aeffe SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-19.96	4.64	-16.94	-5.85	-76.92

Aeffe SpA ROCE % Calculation

Aeffe SpA'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 )
	=	0.451	/	( ( (445.171 - 150.68)	+	(499.297 - 206.857) )	/ 2 )
	=	0.451	/	( (294.491	+	292.44)	/ 2 )
	=	0.451	/	293.4655
	=	0.15 %

Aeffe SpA's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-15.38	/	( ( (489.929 - 223.917)	+	(479.178 - 219.412) )	/ 2 )
	=	-15.38	/	( ( 266.012	+	259.766 )	/ 2 )
	=	-15.38	/	262.889
	=	-5.85 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Aeffe SpA (MIL:AEF) 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.

Aeffe SpA ROCE % Related Terms

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

Aeffe SpA (MIL:AEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aeffe SpA (MIL:AEF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3A1:Germany

Address

Via Delle Querce, 51, San Giovanni in Marignano, Rimini, ITA, 47842

Website

https://www.aeffe.com

Aeffe SpA is an Italian company engaged in the designing, production, and distribution of fashion and luxury goods. The business activity of the firm is operated through two segments. The Pret-a Porter segment is engaged in the development of luxury ready-to-wear clothing and lingerie, beachwear, and loungewear collections. The Footwear and leather goods segment handles footwear, small leather goods, bags, and matching accessories made from exclusive materials. The products are offered under the brands like Alberta Ferretti, Philosophy, Moschino, and Pollini. Its geographical segments are Italy, Europe (excluding Italy), Asia and the rest of the world, and America.