Hopening (XPAR:MLHPE) ROCE % : 9.12% (As of Dec. 2022)

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What is Hopening 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. Hopening's annualized ROCE % for the quarter that ended in Dec. 2022 was 9.12%.

Hopening ROCE % Historical Data

The historical data trend for Hopening'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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Hopening ROCE % Chart

Hopening Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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1.42

1.07

1.63

2.79

9.12

Hopening Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial			1.42	1.07	1.63	2.79	9.12

Hopening ROCE % Calculation

Hopening'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 )
	=	0.445	/	( ( (13.403 - 6.846)	+	(11.728 - 8.526) )	/ 2 )
	=	0.445	/	( (6.557	+	3.202)	/ 2 )
	=	0.445	/	4.8795
	=	9.12 %

Hopening's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	0.445	/	( ( (13.403 - 6.846)	+	(11.728 - 8.526) )	/ 2 )
	=	0.445	/	( ( 6.557	+	3.202 )	/ 2 )
	=	0.445	/	4.8795
	=	9.12 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Hopening (XPAR:MLHPE) 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.

Hopening ROCE % Related Terms

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Hopening (XPAR:MLHPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hopening SA (XPAR:MLHPE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Rue Bernard Palissy, Puteaux, FRA, 92800

Website

https://www.hopening.fr

Hopening SA specializes in mobilization communications services provided to solidarity associations, public institutions, foundations, and non-profit organizations. It develops public awareness and facilitates the collection of funds.

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