Wolford AG (STU:WOF) ROCE % : -65.20% (As of Jun. 2023)

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What is Wolford 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. Wolford AG's annualized ROCE % for the quarter that ended in Jun. 2023 was -65.20%.

Wolford AG ROCE % Historical Data

The historical data trend for Wolford 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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Wolford AG ROCE % Chart

Wolford AG Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Dec21

Dec22

ROCE %

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-15.40

-15.03

-39.91

-6.84

-52.30

Wolford AG Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-32.03	25.39	-46.20	-42.91	-65.20

Wolford AG ROCE % Calculation

Wolford 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 )
	=	-28.812	/	( ( (134.654 - 60.407)	+	(128.517 - 92.58) )	/ 2 )
	=	-28.812	/	( (74.247	+	35.937)	/ 2 )
	=	-28.812	/	55.092
	=	-52.30 %

Wolford 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 )
	=	-24.086	/	( ( (128.517 - 92.58)	+	(129.647 - 91.703) )	/ 2 )
	=	-24.086	/	( ( 35.937	+	37.944 )	/ 2 )
	=	-24.086	/	36.9405
	=	-65.20 %

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

Wolford AG (STU:WOF) 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.

Wolford AG ROCE % Related Terms

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Wolford AG (STU:WOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolford AG (STU:WOF) » Definitions » ROCE %

Comparable Companies

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WOL:Austria

Address

Wolfordstrasse 1, Bregenz, AUT, 6900

Website

https://www.wolford.com

Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

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