Digi Communications NV (BSE:DIGI) ROCE % : 8.50% (As of Mar. 2024)

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What is Digi Communications NV 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. Digi Communications NV's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.50%.

Digi Communications NV ROCE % Historical Data

The historical data trend for Digi Communications NV'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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Digi Communications NV ROCE % Chart

Digi Communications NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.12

10.02

9.12

6.68

7.11

Digi Communications NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.13	6.55	6.67	9.46	8.50

Digi Communications NV ROCE % Calculation

Digi Communications NV'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 )
	=	804.076	/	( ( (14039.968 - 3854.806)	+	(17097.243 - 4671.661) )	/ 2 )
	=	804.076	/	( (10185.162	+	12425.582)	/ 2 )
	=	804.076	/	11305.372
	=	7.11 %

Digi Communications NV's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	956.412	/	( ( (17097.243 - 4671.661)	+	(17195.611 - 7104.478) )	/ 2 )
	=	956.412	/	( ( 12425.582	+	10091.133 )	/ 2 )
	=	956.412	/	11258.3575
	=	8.50 %

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

Digi Communications NV (BSE:DIGI) 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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Digi Communications NV (BSE:DIGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Digi Communications NV (BSE:DIGI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

75 Dr. Staicovici Street, Forum 2000 Building, Phase I, Fourth Floor, 5th District, Bucharest, ROU

Website

https://www.digi-communications.ro

Digi Communications NV is a provider of telecommunication services. The company provides cable and DTH television services, fixed internet and data and fixed-line telephony. Its fixed telecommunication and entertainment services are offered through fiber optic network in Romania and Hungary. Its cable and satellite (DTH) television offers subscribers custom-made channels and pay TV services, which carry premium movies and sports content. Geographically, it derives a majority of its revenue from Romania.

Digi Communications NV (BSE:DIGI) Headlines

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