Econocom Group SE (XBRU:ECONB) ROCE %

: 11.75% (As of Dec. 2023)

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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. Econocom Group SE's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.75%.

Econocom Group SE ROCE % Historical Data

The historical data trend for Econocom Group 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.

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Econocom Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

10.09

9.33

12.40

9.77

10.74

Econocom Group SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %																14.52	11.20	8.32	9.25	11.75

Econocom Group SE ROCE % Calculation

Econocom Group 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 )
	=	106.2	/	( ( (2501.9 - 1527.7)	+	(2279.6 - 1276.7) )	/ 2 )
	=	106.2	/	( (974.2	+	1002.9)	/ 2 )
	=	106.2	/	988.55
	=	10.74 %

Econocom Group 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	119.6	/	( ( (2154 - 1120.9)	+	(2279.6 - 1276.7) )	/ 2 )
	=	119.6	/	( ( 1033.1	+	1002.9 )	/ 2 )
	=	119.6	/	1018
	=	11.75 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Econocom Group SE (XBRU:ECONB) 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.

Econocom Group SE ROCE % Related Terms

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Econocom Group SE (XBRU:ECONB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Econocom Group SE (XBRU:ECONB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0RPX:UK 1E91:Germany

Address

11 square Leon Blum, Puteaux, FRA, 92800

Website

https://www.econocom.com

Econocom Group SE Formerly Econocom Group SA/NV is a European company that designs, finances, and oversees the digital transformation of businesses. The company provides consulting technology management, and financing of digital assets under the Econocom and Atlance brands, as well as application and digital solution services for client companies' IT systems. Additionally, Econocom provides security guidelines and tools, web and mobile applications, and project financing. The company generates revenue from France, Benelux, and other regions in Europe and the Americas, with France representing more than half of total sales. The company operates through three segments: Technology management and financing and Digital Services & Solutions.

Econocom Group SE (XBRU:ECONB) Headlines

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