AMP (AMLTF) ROCE % : 3.48% (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is AMP 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. AMP's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.48%.

AMP ROCE % Historical Data

The historical data trend for AMP'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.

AMP ROCE % Chart

AMP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-0.83

0.76

0.11

1.60

3.35

AMP 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															-1.82	1.72	1.46	3.19	3.48

AMP ROCE % Calculation

AMP'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 )
	=	748.996	/	( ( (23574.899 - 787.449)	+	(22674.699 - 692.771) )	/ 2 )
	=	748.996	/	( (22787.45	+	21981.928)	/ 2 )
	=	748.996	/	22384.689
	=	3.35 %

AMP'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 )
	=	775.1	/	( ( (23428.188 - 828.859)	+	(22674.699 - 692.771) )	/ 2 )
	=	775.1	/	( ( 22599.329	+	21981.928 )	/ 2 )
	=	775.1	/	22290.6285
	=	3.48 %

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

AMP (OTCPK:AMLTF) 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.

AMP ROCE % Related Terms

Thank you for viewing the detailed overview of AMP's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

AMP (AMLTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (OTCPK:AMLTF) » Definitions » ROCE %

Traded in Other Exchanges

AMP:Germany AMP:Australia

Address

50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000

Website

https://www.amp.com.au

At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.

AMP (AMLTF) Headlines

From GuruFocus

David Herro Comments on AMP Ltd.

By Holly LaFon Holly LaFon • 04-23-2013

AMP Limited Investigated by Block & Leviton LLP For Violations of Securities Laws; Investors Are Encouraged to Contact the Firm ASAP

By PRNewswire PRNewswire • 06-11-2018

David Herro Comments on Honda Motor

By Holly LaFon Holly LaFon • 04-08-2014

David Herro's Oakmark International Fund New Buys Update

By Holly LaFon Holly LaFon • 05-23-2013

David Herro Comments on AMP

By Holly LaFon Holly LaFon • 04-08-2014