GURUFOCUS.COM » STOCK LIST » Technology » Software » Dassault Systemes SE (OTCPK:DASTY) » Definitions » ROCE %

Dassault Systemes SE (Dassault Systemes SE) ROCE % : 11.49% (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Dassault Systemes SE 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. Dassault Systemes SE's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.49%.


Dassault Systemes SE ROCE % Historical Data

The historical data trend for Dassault Systemes SE'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.

Dassault Systemes SE ROCE % Chart

Dassault Systemes SE 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 9.43 6.33 9.19 11.66 12.13

Dassault Systemes SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.49 10.94 10.60 17.51 11.49

Dassault Systemes SE ROCE % Calculation

Dassault Systemes SE'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 )
=1462.377/( ( (15107.097 - 3051.907) + (15946.02 - 3883.315) )/ 2 )
=1462.377/( (12055.19+12062.705)/ 2 )
=1462.377/12058.9475
=12.13 %

Dassault Systemes SE's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1408.696/( ( (15946.02 - 3883.315) + (16352.5 - 3885.652) )/ 2 )
=1408.696/( ( 12062.705 + 12466.848 )/ 2 )
=1408.696/12264.7765
=11.49 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


Dassault Systemes SE  (OTCPK:DASTY) 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.


Dassault Systemes SE ROCE % Related Terms

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


Dassault Systemes SE (Dassault Systemes SE) Business Description

Address
10, Rue Marcel Dassault, Velizy-Villacoublay, FRA, 78140
Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Tesla throughout the production process. The company's top line largely depends on the transportation and mobility, industrial equipment, and aerospace and defense industries.