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Plan Optik AG (XTER:P4O) ROCE % : 12.40% (As of Jun. 2023)


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What is Plan Optik AG 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. Plan Optik AG's annualized ROCE % for the quarter that ended in Jun. 2023 was 12.40%.


Plan Optik AG ROCE % Historical Data

The historical data trend for Plan Optik 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.

* Premium members only.

Plan Optik AG ROCE % Chart

Plan Optik AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 8.33 -2.47 9.89 15.10

Plan Optik AG Semi-Annual Data
Dec13 Jun14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.62 15.60 15.50 15.52 12.40

Plan Optik AG ROCE % Calculation

Plan Optik AG'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 )
=2.054/( ( (14.12 - 0.911) + (15.026 - 1.025) )/ 2 )
=2.054/( (13.209+14.001)/ 2 )
=2.054/13.605
=15.10 %

Plan Optik AG'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 )
=1.728/( ( (15.026 - 1.025) + (15.639 - 1.77) )/ 2 )
=1.728/( ( 14.001 + 13.869 )/ 2 )
=1.728/13.935
=12.40 %

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

* 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.


Plan Optik AG  (XTER:P4O) 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.


Plan Optik AG ROCE % Related Terms

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Plan Optik AG (XTER:P4O) Business Description

Traded in Other Exchanges
Address
Uber der Bitz 3, Elsoff, DEU
Plan Optik AG is a German based manufacturer of structured wafers. Its products are packaging wafers, substrate wafers, quartz wafers, carrier wafers, optics, and fluidic components. Its products used in consumer electronics, automotive, aerospace, chemistry and pharmaceuticals industry.
Executives
Holger Bürk Supervisory Board

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