Pargesa Holding (XSWX:PARG) ROCE % : 3.66% (As of Jun. 2020)

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What is Pargesa Holding 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. Pargesa Holding's annualized ROCE % for the quarter that ended in Jun. 2020 was 3.66%.

Pargesa Holding ROCE % Historical Data

The historical data trend for Pargesa Holding'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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Pargesa Holding ROCE % Chart

Pargesa Holding Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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6.87

2.02

4.91

1.34

3.68

Pargesa Holding Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
ROCE %	Get a 7-Day Free Trial															4.72	-2.12	4.49	3.05	3.66

Pargesa Holding ROCE % Calculation

Pargesa Holding's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	1038.1	/	( ( (27128.2 - 1611.4)	+	(34008.7 - 3060.3) )	/ 2 )
	=	1038.1	/	( (25516.8	+	30948.4)	/ 2 )
	=	1038.1	/	28232.6
	=	3.68 %

Pargesa Holding's ROCE % of for the quarter that ended in Jun. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2020 )		(Q: Dec. 2019 )		(Q: Jun. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2020 )		(Q: Dec. 2019 )		(Q: Jun. 2020 )
	=	1108.8	/	( ( (34008.7 - 3060.3)	+	(33339 - 3645.8) )	/ 2 )
	=	1108.8	/	( ( 30948.4	+	29693.2 )	/ 2 )
	=	1108.8	/	30320.8
	=	3.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2020) EBIT data.

Pargesa Holding (XSWX:PARG) 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.

Pargesa Holding ROCE % Related Terms

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Pargesa Holding (XSWX:PARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Pargesa Holding SA (XSWX:PARG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Grand Rue, Geneva, CHE, 1204

Website

http://www.pargesa.ch

Pargesa Holding is a holding company. The company owns 50% of Groupe Bruxelles Lambert, a traded holding company with sizable investments in large European industrial firms such as LafargeHolcim, SGS, Imerys, and Adidas.

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