4AIM SICAF SpA (MIL:4AIM) ROCE %

: -122.09% (As of Dec. 2023)

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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. 4AIM SICAF SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was -122.09%.

4AIM SICAF SpA ROCE % Historical Data

The historical data trend for 4AIM SICAF SpA'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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4AIM SICAF SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-2.90

-8.59

19.07

-19.76

-31.36

4AIM SICAF SpA Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																23.27	-19.43	-2.01	7.42	-122.09

4AIM SICAF SpA ROCE % Calculation

4AIM SICAF SpA'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 )
	=	-5.938	/	( ( (22.004 - 0.139)	+	(16.129 - 0.119) )	/ 2 )
	=	-5.938	/	( (21.865	+	16.01)	/ 2 )
	=	-5.938	/	18.9375
	=	-31.36 %

4AIM SICAF SpA'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 )
	=	-20.596	/	( ( (17.847 - 0.118)	+	(16.129 - 0.119) )	/ 2 )
	=	-20.596	/	( ( 17.729	+	16.01 )	/ 2 )
	=	-20.596	/	16.8695
	=	-122.09 %

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

4AIM SICAF SpA (MIL:4AIM) 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.

4AIM SICAF SpA ROCE % Related Terms

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4AIM SICAF SpA (MIL:4AIM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Venezia n. 16, Milan, ITA, 20121

Website

http://www.4aim.it

4AIM SICAF SpA is an investment company. It is engaged investing in listed companies. The group represents for institutional investors an efficient tool and an excellent opportunity to invest in Italian SMEs.

4AIM SICAF SpA (MIL:4AIM) Headlines

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