Asbisc Enterprises (WAR:ASB) ROCE % : 15.62% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Asbisc Enterprises 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. Asbisc Enterprises's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.62%.

Asbisc Enterprises ROCE % Historical Data

The historical data trend for Asbisc Enterprises'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.

Asbisc Enterprises ROCE % Chart

Asbisc Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

29.77

44.09

65.79

49.30

33.76

Asbisc Enterprises 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															64.76	42.99	29.21	45.87	15.62

Asbisc Enterprises ROCE % Calculation

Asbisc Enterprises'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 )
	=	375.43	/	( ( (4290.886 - 3264.722)	+	(4084.929 - 2886.943) )	/ 2 )
	=	375.43	/	( (1026.164	+	1197.986)	/ 2 )
	=	375.43	/	1112.075
	=	33.76 %

Asbisc Enterprises'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 )
	=	184.608	/	( ( (4183.74 - 3017.373)	+	(4084.929 - 2886.943) )	/ 2 )
	=	184.608	/	( ( 1166.367	+	1197.986 )	/ 2 )
	=	184.608	/	1182.1765
	=	15.62 %

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

Asbisc Enterprises (WAR:ASB) 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.

Asbisc Enterprises ROCE % Related Terms

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

Asbisc Enterprises (WAR:ASB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asbisc Enterprises PLC (WAR:ASB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Iapetou Street, Agios Athanasios, Limassol, CYP, 4101

Website

https://www.asbis.com

Asbisc Enterprises PLC specializes in the trading and distribution of information and communications technology products and solutions. The company distributes products like tablets, smartphones, laptops, desktop computers, servers, and networking equipment to retail, corporate clients, SMB, and wholesale, as well as IT components such as complete solutions, building blocks, and peripherals to enterprise segment, assemblers, system integrators, and local brands. The company operates in four principal geographical areas - The former Soviet Union, Central Eastern Europe, Western Europe, and the Middle East and Africa.