Delfingen Industry (XPAR:ALDEL) ROCE % : 6.23% (As of Dec. 2023)

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What is Delfingen Industry 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. Delfingen Industry's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.23%.

Delfingen Industry ROCE % Historical Data

The historical data trend for Delfingen Industry'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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Delfingen Industry ROCE % Chart

Delfingen Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.16

28.56

10.83

7.16

8.44

Delfingen Industry Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															4.92	7.29	6.80	9.57	6.23

Delfingen Industry ROCE % Calculation

Delfingen Industry'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 )
	=	22.294	/	( ( (352.817 - 98.983)	+	(386.441 - 112.289) )	/ 2 )
	=	22.294	/	( (253.834	+	274.152)	/ 2 )
	=	22.294	/	263.993
	=	8.44 %

Delfingen Industry'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	17.954	/	( ( (398.775 - 96.248)	+	(386.441 - 112.289) )	/ 2 )
	=	17.954	/	( ( 302.527	+	274.152 )	/ 2 )
	=	17.954	/	288.3395
	=	6.23 %

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

Delfingen Industry (XPAR:ALDEL) 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.

Delfingen Industry ROCE % Related Terms

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Delfingen Industry (XPAR:ALDEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Delfingen Industry SA (XPAR:ALDEL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HBS:Germany

Address

Rue Emile Streit, Anteuil, FRA, 25340

Website

http://www.delfingen.com

Delfingen Industry SA is a France based company engaged in providing protective solutions for the automobile industry. It manufactures products for protection of electrical wiring and fluid on-board networks. It also manufactures and supplies tubing and sleeving systems, and components and assemblies to protect and route electrical wiring harnesses, pipes, and hoses. The company offers fluid transfer tubing for carrying, filling, draining, transferring and distributing low-pressure fluids. In addition, it also provides interior trim and seat covers fastening solutions, electrical and thermal insulation sleeving solutions, and assembly technology services. The company has its business presence in France, China, Brazil, Canada, India, Japan, Korea, Thailand, USA, and other countries.

Delfingen Industry (XPAR:ALDEL) Headlines

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