Arezzo Industria E Comercio (BSP:ARZZ3) ROCE % : 15.63% (As of Dec. 2023)

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

What is Arezzo Industria E Comercio 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. Arezzo Industria E Comercio's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.63%.

Arezzo Industria E Comercio ROCE % Historical Data

The historical data trend for Arezzo Industria E Comercio'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.

Arezzo Industria E Comercio ROCE % Chart

Arezzo Industria E Comercio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

24.96

5.44

23.60

21.98

15.47

Arezzo Industria E Comercio Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															17.64	11.84	14.47	20.51	15.63

Arezzo Industria E Comercio ROCE % Calculation

Arezzo Industria E Comercio'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 )
	=	518.686	/	( ( (4659.264 - 1635.36)	+	(5975.904 - 2292.283) )	/ 2 )
	=	518.686	/	( (3023.904	+	3683.621)	/ 2 )
	=	518.686	/	3353.7625
	=	15.47 %

Arezzo Industria E Comercio'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	558.472	/	( ( (5634.418 - 2173.156)	+	(5975.904 - 2292.283) )	/ 2 )
	=	558.472	/	( ( 3461.262	+	3683.621 )	/ 2 )
	=	558.472	/	3572.4415
	=	15.63 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Arezzo Industria E Comercio (BSP:ARZZ3) 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.

Arezzo Industria E Comercio ROCE % Related Terms

Thank you for viewing the detailed overview of Arezzo Industria E Comercio's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Arezzo Industria E Comercio (BSP:ARZZ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arezzo Industria E Comercio SA (BSP:ARZZ3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Fernandes Tourinho, 147 - sala 402, Rooms 1301 and 1303, Belo Horizonte, MG, BRA, 30112000

Website

https://ri.arezzoco.com.br

Arezzo Industria e Comercio S.A. together with its subsidiaries engages in the manufacturing, development, molding, and sale of footwear, bags, and women's clothing and accessories. It operates more than 400 franchises and approximately 48 stores and an e-commerce website for the sale of products under the brand names Schutz, Arezzo, Alexandre Birman, Fiever, Vans, Reserva, Reserva Mini, Reserva Go, Oficina, INK, EVA, Troc, Baw, MyShoes, Carol Bassi, Brizza, Reversa, Simples Reserva, Unbrand Reserva and Anacapri. The company derives revenue through the sale of products and Royalty income.

Arezzo Industria E Comercio (BSP:ARZZ3) Headlines

No Headlines