GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autoneum Holding AG (XSWX:AUTN) » Definitions » ROCE %

Autoneum Holding AG (XSWX:AUTN) ROCE % : 1.55% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Autoneum Holding AG 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. Autoneum Holding AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.55%.


Autoneum Holding AG ROCE % Historical Data

The historical data trend for Autoneum Holding AG'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.

Autoneum Holding AG ROCE % Chart

Autoneum Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.58 2.08 5.58 3.70 9.10

Autoneum Holding AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.83 2.10 5.42 17.20 1.55

Autoneum Holding AG ROCE % Calculation

Autoneum Holding AG'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 )
=97.2/( ( (1471.9 - 497.9) + (1671.2 - 507.8) )/ 2 )
=97.2/( (974+1163.4)/ 2 )
=97.2/1068.7
=9.10 %

Autoneum Holding AG'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 )
=17.4/( ( (1883.1 - 799.3) + (1671.2 - 507.8) )/ 2 )
=17.4/( ( 1083.8 + 1163.4 )/ 2 )
=17.4/1123.6
=1.55 %

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

* 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.


Autoneum Holding AG  (XSWX:AUTN) 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.


Autoneum Holding AG ROCE % Related Terms

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


Autoneum Holding AG (XSWX:AUTN) Business Description

Traded in Other Exchanges
Address
Schlosstalstrasse 43, P.O. Box 8406, Winterthur, CHE, 8406
Autoneum Holding AG is a manufacturer of multifunctional and lightweight components for automobiles. The group specializes in heat and noise protection technologies and offers various products such as engine covers, interior floors, underbodies, body treatments, measurement systems, and specialist articles. Its customers include the majority of truck and passenger vehicle manufacturers worldwide. Geographically, Autoneum's largest end-markets are North America and Europe, with a strong focus on the United States.

Autoneum Holding AG (XSWX:AUTN) Headlines

No Headlines