Performance Technologies (ATH:PERF) ROCE % : 30.98% (As of Dec. 2023)

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What is Performance Technologies 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. Performance Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 30.98%.

Performance Technologies ROCE % Historical Data

The historical data trend for Performance Technologies'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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Performance Technologies ROCE % Chart

Performance Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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51.50

47.42

33.83

23.05

26.74

Performance Technologies Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-	28.96	18.05	23.49	30.98

Performance Technologies ROCE % Calculation

Performance Technologies'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 )
	=	6.366	/	( ( (37.12 - 15.577)	+	(48.377 - 22.303) )	/ 2 )
	=	6.366	/	( (21.543	+	26.074)	/ 2 )
	=	6.366	/	23.8085
	=	26.74 %

Performance Technologies'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 )
	=	7.544	/	( ( (35.295 - 12.665)	+	(48.377 - 22.303) )	/ 2 )
	=	7.544	/	( ( 22.63	+	26.074 )	/ 2 )
	=	7.544	/	24.352
	=	30.98 %

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

Performance Technologies (ATH:PERF) 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.

Performance Technologies ROCE % Related Terms

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Performance Technologies (ATH:PERF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Performance Technologies SA (ATH:PERF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Evrimedontos Street, Ceramics, Athens, GRC, 10435

Website

http://www.performance.gr

Performance Technologies SA designs and delivers fast, flexible and dynamic IT architectures that align with the business needs and priorities. The company delivers IT solutions for Virtualization, Private and Public Cloud, Systems Infrastructure, Storage Systems, Backup Software, Security Solutions, Data Protection, Data Replication, Disaster Recovery, IT consolidation/transformation/re-platforming, IT Systems & Service Management, IT Automation, Enterprise Asset Management, Business Process Management, Mobile Device Management and Mobile Engagement.