Kendrion NV (XAMS:KENDR) ROCE % : 0.33% (As of Dec. 2023)

View and export this data going back to 1984. Start your Free Trial

What is Kendrion NV 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. Kendrion NV's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.33%.

Kendrion NV ROCE % Historical Data

The historical data trend for Kendrion NV'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.

Kendrion NV ROCE % Chart

Kendrion NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.72

2.96

6.48

-9.13

6.21

Kendrion NV 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															-54.10	9.70	7.75	6.21	0.33

Kendrion NV ROCE % Calculation

Kendrion NV's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	22.5	/	( ( (476.6 - 106.1)	+	(462.3 - 108.7) )	/ 2 )
	=	22.5	/	( (370.5	+	353.6)	/ 2 )
	=	22.5	/	362.05
	=	6.21 %

Kendrion NV's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	1.2	/	( ( (483.4 - 104.6)	+	(462.3 - 108.7) )	/ 2 )
	=	1.2	/	( ( 378.8	+	353.6 )	/ 2 )
	=	1.2	/	366.2
	=	0.33 %

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

Kendrion NV (XAMS:KENDR) 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.

Kendrion NV ROCE % Related Terms

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

Kendrion NV (XAMS:KENDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kendrion NV (XAMS:KENDR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KENDRa:UK K3E:Germany

Address

Herikerbergweg 213, Vesta Building, 5th floor, Amsterdam, NLD, 1101 CN

Website

https://www.kendrion.com

Kendrion NV is engaged in developing, manufacturing and marketing electromagnetic and mechatronic systems and components for industrial and automotive applications. Its core business activities include electromagnetic components and mechatronic solutions for customer applications in the industrial and automotive sector; customized mechatronic solutions to automatic processes; electromagnetic solenoids, brakes, holding magnets, valves, controllers and clutches for industrial applications and individual systems for commercial vehicles as well as off-highway application and hydraulic industry. The company has two business divisions namely Automotive and Industrial. The majority of the revenue comes from Germany.

Kendrion NV (XAMS:KENDR) Headlines

No Headlines