Ellaktor (Ellaktor) ROCE % : 9.07% (As of Jun. 2023)

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What is Ellaktor 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. Ellaktor's annualized ROCE % for the quarter that ended in Jun. 2023 was 9.07%.

Ellaktor ROCE % Historical Data

The historical data trend for Ellaktor'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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Ellaktor ROCE % Chart

Ellaktor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.12

-2.52

3.18

5.31

10.96

Ellaktor Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															6.02	5.96	7.93	9.07	-

Ellaktor ROCE % Calculation

Ellaktor'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 )
	=	202.534	/	( ( (2597.89 - 769.317)	+	(2164.394 - 296.843) )	/ 2 )
	=	202.534	/	( (1828.573	+	1867.551)	/ 2 )
	=	202.534	/	1848.062
	=	10.96 %

Ellaktor's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	164.144	/	( ( (2597.89 - 769.317)	+	(2745.714 - 953.395) )	/ 2 )
	=	164.144	/	( ( 1828.573	+	1792.319 )	/ 2 )
	=	164.144	/	1810.446
	=	9.07 %

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

Ellaktor (OTCPK:ELLKF) 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.

Ellaktor ROCE % Related Terms

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Ellaktor (Ellaktor) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ellaktor SA (OTCPK:ELLKF) » Definitions » ROCE %

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ELLAKTOR:Greece HLL:Germany

Address

25 Ermou Street, Lamia National Road, Kifissia, Attica, Olympic Village Interchange, Athens, GRC, 14564

Website

http://www.ellaktor.com

Ellaktor SA is an international holding group based in Greece with long-term investments in key fields, including construction, environment, and participation in concession projects. It operates mainly in constructions and quarrying, real estate development and management, wind power and environment, and concession sectors. The group operates in over 25 countries across the world. The company operates in five business segments, Construction, Concessions, Environment, Renewable Energy Sources and Real Estate Development & Services. Most of the revenue is generated from Construction & Quarries segment.

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