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Chr. Hansen Holding A/S (Chr. Hansen Holding A/S) ROCE % : 10.76% (As of May. 2023)


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What is Chr. Hansen Holding A/S 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. Chr. Hansen Holding A/S's annualized ROCE % for the quarter that ended in May. 2023 was 10.76%.


Chr. Hansen Holding A/S ROCE % Historical Data

The historical data trend for Chr. Hansen Holding A/S'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.

Chr. Hansen Holding A/S ROCE % Chart

Chr. Hansen Holding A/S Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.73 18.98 18.01 11.90 10.10

Chr. Hansen Holding A/S Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.45 10.18 9.85 11.61 10.76

Chr. Hansen Holding A/S ROCE % Calculation

Chr. Hansen Holding A/S's annualized ROCE % for the fiscal year that ended in Aug. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2022 )  (A: Aug. 2021 )(A: Aug. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2022 )  (A: Aug. 2021 )(A: Aug. 2022 )
=307.396/( ( (3663.765 - 545.647) + (3360.486 - 392.3) )/ 2 )
=307.396/( (3118.118+2968.186)/ 2 )
=307.396/3043.152
=10.10 %

Chr. Hansen Holding A/S's ROCE % of for the quarter that ended in May. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2023 )  (Q: Feb. 2023 )(Q: May. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2023 )  (Q: Feb. 2023 )(Q: May. 2023 )
=354.348/( ( (3568.63 - 337.901) + (3692.391 - 335.326) )/ 2 )
=354.348/( ( 3230.729 + 3357.065 )/ 2 )
=354.348/3293.897
=10.76 %

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


Chr. Hansen Holding A/S  (OTCPK:CHYHY) 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.


Chr. Hansen Holding A/S ROCE % Related Terms

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Chr. Hansen Holding A/S (Chr. Hansen Holding A/S) Business Description

Traded in Other Exchanges
Address
Boge Alle 10-12, Horsholm, DNK, 2970
Founded in 1874 and relisted in 2010 after five years of private ownership, Chr. Hansen is a global bioscience company with more than 3,200 employees across 30 countries. Its segments include food cultures and enzymes that produce and sell innovative cultures, enzymes, and probiotic products that help determine the taste, flavor, texture, shelf-life, nutritional value, and health benefits of a variety of consumer products in the food industry, especially in the dairy industry; and health and nutrition that produce and sell products for the dietary supplement, over-the-counter pharmaceutical, infant formula, animal feed, and plant protection industries.

Chr. Hansen Holding A/S (Chr. Hansen Holding A/S) Headlines