Stif (XPAR:ALSTI) ROCE % : 30.65% (As of Dec. 2023)

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What is Stif 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. Stif's annualized ROCE % for the quarter that ended in Dec. 2023 was 30.65%.

Stif ROCE % Historical Data

The historical data trend for Stif'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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Stif ROCE % Chart

Stif Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

27.03

25.20

19.19

Stif Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
ROCE %	-	-	12.80	30.65

Stif ROCE % Calculation

Stif'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 )
	=	3.203	/	( ( (17.321 - 4.635)	+	(29.243 - 8.549) )	/ 2 )
	=	3.203	/	( (12.686	+	20.694)	/ 2 )
	=	3.203	/	16.69
	=	19.19 %

Stif'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 )
	=	4.882	/	( ( (19.104 - 7.946)	+	(29.243 - 8.549) )	/ 2 )
	=	4.882	/	( ( 11.158	+	20.694 )	/ 2 )
	=	4.882	/	15.926
	=	30.65 %

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

Stif (XPAR:ALSTI) 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.

Stif ROCE % Related Terms

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Stif (XPAR:ALSTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stif SA (XPAR:ALSTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

D08:Germany

Address

ZA de la Lande, Saint-Georges-sur-Loire, FRA, 49171

Website

https://www.stifnet.com

Stif SA is a French industrial player specializing in the design, manufacturing and marketing of innovative industrial equipment intended for niche markets. Its products include elevator buckets, rubber lifting straps, Underspeed controllers, Strap offset controllers, Temperature sensors, Anti-jam probes, Monitoring systems, Explosion panels, Compression and curve fittings, Modular piping for gravity transport, Conveyor belt scrapers, and others.

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