Groupe Parot (XPAR:ALPAR) ROCE % : 12.85% (As of Jun. 2023)

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What is Groupe Parot 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. Groupe Parot's annualized ROCE % for the quarter that ended in Jun. 2023 was 12.85%.

Groupe Parot ROCE % Historical Data

The historical data trend for Groupe Parot'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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Groupe Parot ROCE % Chart

Groupe Parot Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-5.49

-9.74

-9.01

7.53

9.72

Groupe Parot Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial														6.07	7.58	14.76	10.46	12.85

Groupe Parot ROCE % Calculation

Groupe Parot's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	5.442	/	( ( (164.199 - 106.51)	+	(173.249 - 118.952) )	/ 2 )
	=	5.442	/	( (57.689	+	54.297)	/ 2 )
	=	5.442	/	55.993
	=	9.72 %

Groupe Parot's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	6.888	/	( ( (173.249 - 118.952)	+	(174.351 - 121.461) )	/ 2 )
	=	6.888	/	( ( 54.297	+	52.89 )	/ 2 )
	=	6.888	/	53.5935
	=	12.85 %

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

Groupe Parot (XPAR:ALPAR) 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.

Groupe Parot ROCE % Related Terms

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Groupe Parot (XPAR:ALPAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Groupe Parot SA (XPAR:ALPAR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

21 rue Daugère, Bruges, FRA, 33520

Website

http://www.groupe-parot.com

Groupe Parot SA is engaged in the distribution of new and used automobiles in France. The company deals in cars, industrial vehicles, semi-trailers, light-duty vehicles, heavy-duty vehicles, among others.

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