Umicore (WBO:UMI) ROCE % : 4.64% (As of Dec. 2024)

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What is Umicore 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. Umicore's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.64%.

Umicore ROCE % Historical Data

The historical data trend for Umicore'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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Umicore ROCE % Chart

Umicore Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.57

16.56

14.02

9.87

-22.75

Umicore Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															12.31	11.96	7.63	-51.76	4.64

Umicore ROCE % Calculation

Umicore's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-1300.281	/	( ( (9965.67 - 3595.956)	+	(9411.505 - 4352.485) )	/ 2 )
	=	-1300.281	/	( (6369.714	+	5059.02)	/ 2 )
	=	-1300.281	/	5714.367
	=	-22.75 %

Umicore's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	222.438	/	( ( (8227.2 - 3688.4)	+	(9411.505 - 4352.485) )	/ 2 )
	=	222.438	/	( ( 4538.8	+	5059.02 )	/ 2 )
	=	222.438	/	4798.91
	=	4.64 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Umicore (WBO:UMI) 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.

Umicore ROCE % Related Terms

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Umicore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Umicore SA (WBO:UMI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UMICY:USA UMICF:USA UMIb:UK 0RUY:UK NVJP:Germany UMI:Belgium

Address

Rue du Marais 31 Broekstraat, Brussels, BEL, 1000

Website

https://www.umicore.com

Umicore SA operates in the following business groups: Catalysis, Battery Materials, Specialty Materials, Recycling, and Corporate and Unallocated. Key revenue is derived from its Recycling segment, which treats complex waste streams containing precious and other specialty metals. The Battery Materials segment is engaged in developing, manufacturing, and marketing cathode materials (CAM) and its precursors (pCAM) for lithium-ion batteries. The Catalysis segment provides automotive catalysts for gasoline and diesel light and heavy-duty diesel applications, and the Specialty segment develops, manufactures, and distributes metal-based materials and chemicals for applications vital to everyday lives. Geographically, the group derives a majority of its revenue from Europe.