Kinovo (FRA:0D6) ROCE % : 734.26% (As of Sep. 2023)

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What is Kinovo 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. Kinovo's annualized ROCE % for the quarter that ended in Sep. 2023 was 734.26%.

Kinovo ROCE % Historical Data

The historical data trend for Kinovo'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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Kinovo ROCE % Chart

Kinovo Annual Data

Trend

Jan14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-69.88

20.96

0.18

38.17

2,189.45

Kinovo Semi-Annual Data
	Jan12	Jan13	Jan14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															15.80	48.03	-	-	734.26

Kinovo ROCE % Calculation

Kinovo's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	5.189	/	( ( (26.986 - 26.427)	+	(24.89 - 24.975) )	/ 2 )
	=	5.189	/	( (0.559	+	-0.085000000000001)	/ 2 )
	=	5.189	/	0.237
	=	2,189.45 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	6.366	/	( ( (24.89 - 24.975)	+	(25.825 - 24.006) )	/ 2 )
	=	6.366	/	( ( -0.085000000000001	+	1.819 )	/ 2 )
	=	6.366	/	0.867
	=	734.26 %

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

Kinovo (FRA:0D6) 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.

Kinovo ROCE % Related Terms

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Kinovo (FRA:0D6) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kinovo PLC (FRA:0D6) » Definitions » ROCE %

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KINO:UK 0D6:Germany

Address

201 Temple Chambers, 3–7 Temple Avenue, London, GBR, EC4Y 0DT

Website

https://www.kinovoplc.com

Kinovo PLC provides electrical, mechanical, building repair and maintenance, as well as construction services. It focuses on assuring safety and regulatory compliance standards in homes and places of work, creating and enhancing dwellings and workplaces to support sustainable and resilient communities, and providing energy-efficient solutions that reduce carbon footprint.

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