Aluflexpack AG (XSWX:AFP) ROCE %

: 9.32% (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. Aluflexpack AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.32%.

Aluflexpack AG ROCE % Historical Data

The historical data trend for Aluflexpack AG'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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Aluflexpack AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.36

6.60

9.00

3.51

6.33

Aluflexpack AG Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							3.03	7.88	-0.59	4.05	9.32

Aluflexpack AG ROCE % Calculation

Aluflexpack AG'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 )
	=	20.029	/	( ( (442.154 - 129.228)	+	(448.258 - 128.249) )	/ 2 )
	=	20.029	/	( (312.926	+	320.009)	/ 2 )
	=	20.029	/	316.4675
	=	6.33 %

Aluflexpack AG'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 )
	=	28.302	/	( ( (447.837 - 160.411)	+	(448.258 - 128.249) )	/ 2 )
	=	28.302	/	( ( 287.426	+	320.009 )	/ 2 )
	=	28.302	/	303.7175
	=	9.32 %

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

Aluflexpack AG (XSWX:AFP) 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.

Aluflexpack AG ROCE % Related Terms

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Aluflexpack AG (XSWX:AFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Aluflexpack AG (XSWX:AFP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AFPz:UK

Address

Alte Aarauerstrasse 11, Reinach, CHE, 5734

Website

https://www.aluflexpack.com

Aluflexpack AG provides flexible packaging and solutions. The company is engaged in producing a wide range of flexible packaging products and solutions by converting and refining aluminum foil, paper, and flexible films. It offers products such as Containers, Films and foils, Lacquered foil, Lids, pouches, and Printed foils. It provides its services to the confectionery, dairy, and pharmaceutical industries. It derives revenue from Switzerland and other countries.

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