Porsche Automobil Holding SE (Porsche Automobil Holding SE) ROCE % : 9.31% (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Porsche Automobil Holding SE 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. Porsche Automobil Holding SE's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.31%.

Porsche Automobil Holding SE ROCE % Historical Data

The historical data trend for Porsche Automobil Holding SE'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.

Porsche Automobil Holding SE ROCE % Chart

Porsche Automobil Holding SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.58

7.75

11.29

10.74

9.41

Porsche Automobil Holding SE 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															6.19	9.49	7.59	10.24	9.31

Porsche Automobil Holding SE ROCE % Calculation

Porsche Automobil Holding SE'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 )
	=	5957.47	/	( ( (63042.373 - 4227.754)	+	(68002.181 - 149.4) )	/ 2 )
	=	5957.47	/	( (58814.619	+	67852.781)	/ 2 )
	=	5957.47	/	63333.7
	=	9.41 %

Porsche Automobil Holding SE'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 )
	=	6255.18	/	( ( (66635.005 - 88.581)	+	(68002.181 - 149.4) )	/ 2 )
	=	6255.18	/	( ( 66546.424	+	67852.781 )	/ 2 )
	=	6255.18	/	67199.6025
	=	9.31 %

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

Porsche Automobil Holding SE (OTCPK:POAHY) 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.

Porsche Automobil Holding SE ROCE % Related Terms

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

Porsche Automobil Holding SE (Porsche Automobil Holding SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Porsche Automobil Holding SE (OTCPK:POAHY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

POAHF:USA PAH3:Mexico 1PAH:Italy PAH3d:UK 0JHU:UK PAH3:Germany PAH3:Austria

Address

Porscheplatz 1, Stuttgart, BW, DEU, 70435

Website

https://www.porsche-se.com

Porsche Automobil Holding SE is an automotive holdings company. The company's core investment is a controlling stake in Volkswagen AG. Through this stake, Porsche SE has an interest in passenger and luxury car manufacturers which include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, and Porsche; motorcycles under the Ducati brand name; and commercial vehicles under Volkswagen Commercial Vehicles, Scania, and MAN. In addition to the automobile manufacturers, this core investment provides Porsche Automobil exposure to the Volkswagen Financial Services financing business. Porsche SE also has a minority stake in technology company INRIX, a company that provides connected-car services and real-time traffic information.

Porsche Automobil Holding SE (Porsche Automobil Holding SE) Headlines

From GuruFocus

Porsche Planning EV To Take On Tesla

By Business Reports Business Reports • 03-23-2015

Francisco Garcia Parames Drives Away With Porsche, Exits Energy Transfer

By Sydnee Gatewood • 02-03-2023

Volkswagen and Porsche Restructuring, Takeover?

By Muhammad Bazil Muhammad Bazil • 07-14-2012

'The New Buffettology': Finding Durable Competitive Advantages

By Robert Abbott Robert Abbott • 09-17-2018

Steven Romick Drives Out Porsche Holding in 1st Quarter

By James Li James Li • 04-22-2021

Steven Romick Sells Short Volkswagen in 3rd Quarter

By James Li James Li • 10-09-2017

5 Things to Consider in Position Sizing

By Bram de Haas Bram de Haas • 07-19-2019

Dial P911 for Value in Porsche and VW

By Smead Capital Management • 11-01-2022