Ontex Group NV (Ontex Group NV) ROCE % : 5.07% (As of Dec. 2023)

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What is Ontex Group NV 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. Ontex Group NV's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.07%.

Ontex Group NV ROCE % Historical Data

The historical data trend for Ontex Group NV'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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Ontex Group NV ROCE % Chart

Ontex Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.96

5.36

1.15

-4.04

5.67

Ontex Group NV Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.78	11.45	-	10.52	5.07

Ontex Group NV ROCE % Calculation

Ontex Group NV'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 )
	=	103.381	/	( ( (2854.343 - 963.136)	+	(2575.463 - 820.284) )	/ 2 )
	=	103.381	/	( (1891.207	+	1755.179)	/ 2 )
	=	103.381	/	1823.193
	=	5.67 %

Ontex Group NV'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 )
	=	88.984	/	( ( (0 - 0)	+	(2575.463 - 820.284) )	/ 1 )
	=	88.984	/	( ( 0	+	1755.179 )	/ 1 )
	=	88.984	/	1755.179
	=	5.07 %

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

Ontex Group NV (OTCPK:ONXXF) 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.

Ontex Group NV ROCE % Related Terms

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Ontex Group NV (Ontex Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ontex Group NV (OTCPK:ONXXF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ONTEXb:UK 0QVQ:UK OT7:Germany ONTEX:Belgium ONTX:Austria

Address

Korte Keppestraat 21, Erembodegem, Aalst, BEL, 9320

Website

https://www.ontex.com

Ontex Group NV is an international producer of personal-hygiene solutions offered in Europe, Russia, the Middle East, North Africa, and the Americas. Its main business segments are baby care, feminine care, and adult care. Baby care offers mainly diapers and training underpants under a variety of brands: at a lower price point, Canbebe is offered across the Middle East and Africa; Helen Harper Baby is offered across Eastern Europe, Russia, and Africa; ecological diapers such as Bio Baby are offered across Germany; and the Kiddies brand is offered in Mexico. Feminine Care offers towels, liners, and tampons under the Helen Harper and Fiore brands. Adult Care offers incontinence products, pull-up pants, and adult diapers under the Serenity, Id, Canped, and Euron brands.

Ontex Group NV (Ontex Group NV) Headlines

From GuruFocus

Q4 2023 Ontex Group NV Earnings Call Transcript

By GuruFocus Research • 02-10-2024