Petros Petropoulos (ATH:PETRO) ROCE % : 0.00% (As of Jun. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Petros Petropoulos 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. Petros Petropoulos's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Petros Petropoulos ROCE % Historical Data

The historical data trend for Petros Petropoulos'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.

Petros Petropoulos ROCE % Chart

Petros Petropoulos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.38

12.73

19.94

18.12

25.05

Petros Petropoulos Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Petros Petropoulos ROCE % Calculation

Petros Petropoulos'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 )
	=	14.75	/	( ( (86.94 - 30.106)	+	(124.398 - 63.475) )	/ 2 )
	=	14.75	/	( (56.834	+	60.923)	/ 2 )
	=	14.75	/	58.8785
	=	25.05 %

Petros Petropoulos'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 )
	=	0	/	( ( (124.398 - 63.475)	+	(120.519 - 62.607) )	/ 2 )
	=	0	/	( ( 60.923	+	57.912 )	/ 2 )
	=	0	/	59.4175
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Petros Petropoulos (ATH:PETRO) 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.

Petros Petropoulos ROCE % Related Terms

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

Petros Petropoulos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Petros Petropoulos SA (ATH:PETRO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

96-104, Iera Odos, Athens, GRC, 10447

Website

http://www.petropoulos.com

Petros Petropoulos SA is engaged in the manufacturing, modification, distribution of a wide range of automotive products. Its reportable segments include Vehicle which includes Truck and Bus Business Units, Isuzu and Land Rover and Jaquar, Self-Propelled Machines which includes the Petrogen Business Units (Electric Power Supply), E & B (Engines and Boats), McCormick and KUBOTA (Agricultural Machinery) and I E (Industrial Equipment), Lubricants and Batteries and Real Estate. It derives most of the revenue from Vehicle segment.

Petros Petropoulos Headlines

No Headlines