Alloggio Group (ASX:ALO) ROCE % : 3.32% (As of Dec. 2022)

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What is Alloggio Group 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. Alloggio Group's annualized ROCE % for the quarter that ended in Dec. 2022 was 3.32%.

Alloggio Group ROCE % Historical Data

The historical data trend for Alloggio Group'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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Alloggio Group ROCE % Chart

Alloggio Group Annual Data

Trend

Jun21

Jun22

ROCE %

5.96

Alloggio Group Semi-Annual Data
	Dec21	Jun22	Dec22
ROCE %	5.12	5.60	3.32

Alloggio Group ROCE % Calculation

Alloggio Group's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	3.599	/	( ( (58.629 - 5.566)	+	(92.668 - 25.018) )	/ 2 )
	=	3.599	/	( (53.063	+	67.65)	/ 2 )
	=	3.599	/	60.3565
	=	5.96 %

Alloggio Group's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	2.388	/	( ( (92.668 - 25.018)	+	(125.76 - 49.502) )	/ 2 )
	=	2.388	/	( ( 67.65	+	76.258 )	/ 2 )
	=	2.388	/	71.954
	=	3.32 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Alloggio Group (ASX:ALO) 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.

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Alloggio Group (ASX:ALO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alloggio Group Ltd (ASX:ALO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

840 Hunter Street, Newcastle, NSW, AUS, 2300

Website

https://www.alloggio.com.au

Alloggio Group Ltd is an operator of short-term rental accommodation on the east coast of Australia with a current portfolio of over 879 holiday properties and approx 13 mid-market hotels which comprise of aorund 428 rooms.