Adesso SE (XTER:ADN1) ROCE % : 11.24% (As of Dec. 2023)

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What is Adesso SE 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. Adesso SE's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.24%.

Adesso SE ROCE % Historical Data

The historical data trend for Adesso 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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Adesso SE ROCE % Chart

Adesso SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.70

15.66

21.75

11.38

4.99

Adesso 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 %	Get a 7-Day Free Trial															16.31	8.54	14.56	-0.52	11.24

Adesso SE ROCE % Calculation

Adesso 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 )
	=	23.467	/	( ( (655.565 - 214.451)	+	(785.985 - 286.876) )	/ 2 )
	=	23.467	/	( (441.114	+	499.109)	/ 2 )
	=	23.467	/	470.1115
	=	4.99 %

Adesso 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 )
	=	49.034	/	( ( (729.817 - 356.154)	+	(785.985 - 286.876) )	/ 2 )
	=	49.034	/	( ( 373.663	+	499.109 )	/ 2 )
	=	49.034	/	436.386
	=	11.24 %

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

Adesso SE (XTER:ADN1) 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.

Adesso SE ROCE % Related Terms

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Adesso SE (XTER:ADN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adesso SE (XTER:ADN1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ADN1d:UK

Address

Adessoplatz 1, Dortmund, NW, DEU, 44269

Website

https://www.adesso.de

Adesso SE is a German IT service provider company. The company offers consulting and software development services for optimising core business processes. It also offers ready-to-use software products for standard applications. The company generates most of its sales revenue through consulting and software development in Germany. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customised, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates majority of revenue.

Executives

Prof. Dr. Volker Gruhn	Supervisory Board
Michael Kenfenheuer	Board of Directors
Rainer Rudolf	Supervisory Board

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