Ekter (ATH:EKTER) ROCE % : 31.01% (As of Jun. 2024)

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What is Ekter 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. Ekter's annualized ROCE % for the quarter that ended in Jun. 2024 was 31.01%.

Ekter ROCE % Historical Data

The historical data trend for Ekter'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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Ekter ROCE % Chart

Ekter Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-11.10

-1.07

8.16

4.83

46.18

Ekter Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial						2.59	6.83	58.31	34.82	31.01

Ekter ROCE % Calculation

Ekter'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 )
	=	11.985	/	( ( (35.936 - 12.241)	+	(51.138 - 22.931) )	/ 2 )
	=	11.985	/	( (23.695	+	28.207)	/ 2 )
	=	11.985	/	25.951
	=	46.18 %

Ekter's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	12.508	/	( ( (51.138 - 22.931)	+	(85.935 - 33.483) )	/ 2 )
	=	12.508	/	( ( 28.207	+	52.452 )	/ 2 )
	=	12.508	/	40.3295
	=	31.01 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Ekter (ATH:EKTER) 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.

Ekter ROCE % Related Terms

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Ekter Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ekter SA (ATH:EKTER) » Definitions » ROCE %

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N/A

Address

15 Nikis Street, Athens, GRC, 10557

Website

http://www.ekter.gr

Ekter SA is a construction company. The company is engaged in infrastructure projects, as well as special building construction such as hospitals, airport terminals. Its activities in the construction field include waste disposal management, renewable energy projects and railway projects in the region of Balkans and the Middle East. The company offer services to private as well as public projects.

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