Gentherm (Gentherm) ROCE % : 0.41% (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Gentherm 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. Gentherm's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.41%.

Gentherm ROCE % Historical Data

The historical data trend for Gentherm'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.

Gentherm ROCE % Chart

Gentherm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.57

12.31

15.15

5.09

7.47

Gentherm Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-1.12	6.61	2.20	10.74	0.41

Gentherm ROCE % Calculation

Gentherm'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 )
	=	69.595	/	( ( (1239.3 - 285.625)	+	(1234.371 - 324.953) )	/ 2 )
	=	69.595	/	( (953.675	+	909.418)	/ 2 )
	=	69.595	/	931.5465
	=	7.47 %

Gentherm'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 )
	=	3.752	/	( ( (1225.597 - 312.303)	+	(1234.371 - 324.953) )	/ 2 )
	=	3.752	/	( ( 913.294	+	909.418 )	/ 2 )
	=	3.752	/	911.356
	=	0.41 %

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

Gentherm (NAS:THRM) 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.

Gentherm ROCE % Related Terms

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

Gentherm (Gentherm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gentherm Inc (NAS:THRM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

QA4A:Germany

Address

21680 Haggerty Road, Northville, MI, USA, 48167

Website

https://www.gentherm.com

Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.

Executives

Kenneth E Washington	director	6555 STATE HWY 161, IRVING TX 75039
Thomas Stocker	officer: SVP and General Manager	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Rafael Barkas	officer: SVP, Global Ops & Supply Chain	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Vishnu Sundaram	officer: Chief Technology Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Kauffman Wayne S Iii	officer: VP and General Counsel	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Breisacher Nicholas	officer: Chief Accounting Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Barbara J Runyon	officer: Chief Human Resources Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matthew Fisch	officer: SVP & Chief Technology Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Yijing Brentano	officer: Senior VP IR and Corp Comm	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Phillip Eyler	director, officer: Chief Executive Officer	C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Jaymi Wilson	officer: SVP, Global Sales	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Jennifer L. Zoldos	officer: Chief Accounting Officer	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Paul Cameron Giberson	officer: Sr. VP Sales	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Matteo Anversa	officer: Ex VP, CFO & Treasurer	1293 SOUTH MAIN STREET, AKRON OH 44301
Elizabeth Meter	director	21680 HAGGERTY ROAD, NORTHVILLE MI 48167