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Euro Group Laminations SpA (MIL:EGLA) ROCE % : 8.81% (As of Dec. 2024)


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What is Euro Group Laminations SpA 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. Euro Group Laminations SpA's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.81%.


Euro Group Laminations SpA ROCE % Historical Data

The historical data trend for Euro Group Laminations 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.

* Premium members only.

Euro Group Laminations SpA ROCE % Chart

Euro Group Laminations SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial 0.08 11.12 18.20 13.12 9.33

Euro Group Laminations SpA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only 14.95 13.32 10.71 9.51 8.81

Euro Group Laminations SpA ROCE % Calculation

Euro Group Laminations SpA's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=70.276/( ( (1175.281 - 478.481) + (1316.262 - 506.979) )/ 2 )
=70.276/( (696.8+809.283)/ 2 )
=70.276/753.0415
=9.33 %

Euro Group Laminations SpA's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=70.184/( ( (1298.549 - 515.088) + (1316.262 - 506.979) )/ 2 )
=70.184/( ( 783.461 + 809.283 )/ 2 )
=70.184/796.372
=8.81 %

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


Euro Group Laminations SpA  (MIL:EGLA) 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.


Euro Group Laminations SpA ROCE % Related Terms

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Euro Group Laminations SpA Business Description

Traded in Other Exchanges
Address
Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021
Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments: the EV and Automotive segment, which derives maximum revenue, represents the sale of rotors and stators used in electric vehicle traction systems. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and other diversified industries. Geographically, the company derives a majority of its revenue from Italy and the rest from Mexico, the United States, China, and India.

Euro Group Laminations SpA Headlines