Malteries Franco-Belges (XPAR:MALT) ROCE % : 15.65% (As of Dec. 2023)

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What is Malteries Franco-Belges 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. Malteries Franco-Belges's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.65%.

Malteries Franco-Belges ROCE % Historical Data

The historical data trend for Malteries Franco-Belges'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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Malteries Franco-Belges ROCE % Chart

Malteries Franco-Belges Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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10.26

9.21

8.48

7.09

-0.89

Malteries Franco-Belges 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															10.80	3.42	-2.87	0.97	15.65

Malteries Franco-Belges ROCE % Calculation

Malteries Franco-Belges's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-2.304	/	( ( (285.667 - 39.96)	+	(304.079 - 30.831) )	/ 2 )
	=	-2.304	/	( (245.707	+	273.248)	/ 2 )
	=	-2.304	/	259.4775
	=	-0.89 %

Malteries Franco-Belges'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 )
	=	44.174	/	( ( (304.079 - 30.831)	+	(311.913 - 20.653) )	/ 2 )
	=	44.174	/	( ( 273.248	+	291.26 )	/ 2 )
	=	44.174	/	282.254
	=	15.65 %

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

Malteries Franco-Belges (XPAR:MALT) 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.

Malteries Franco-Belges ROCE % Related Terms

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Malteries Franco-Belges (XPAR:MALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Malteries Franco-Belges (XPAR:MALT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

quai du General Sarrail, BP12, Nogent-sur-Seine, FRA, 10400

Website

https://www.malteriesfrancobelges.fr

Malteries Franco-Belges engages in the production of malt primarily for brewers. It distributes its products in France, Europe, Asia, Africa and South America. It is a subsidiary of Groupe Soufflet. The company is also engaged in trading of barley.

Malteries Franco-Belges (XPAR:MALT) Headlines

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