Pettenati Industria Textil (BSP:PTNT3) ROCE % : 15.34% (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Pettenati Industria Textil 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. Pettenati Industria Textil's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.34%.

Pettenati Industria Textil ROCE % Historical Data

The historical data trend for Pettenati Industria Textil'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.

Pettenati Industria Textil ROCE % Chart

Pettenati Industria Textil Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

5.55

25.20

23.42

16.72

6.89

Pettenati Industria Textil Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															10.96	12.59	-5.11	12.37	15.34

Pettenati Industria Textil ROCE % Calculation

Pettenati Industria Textil's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	43.025	/	( ( (792.478 - 228.329)	+	(877.647 - 192.125) )	/ 2 )
	=	43.025	/	( (564.149	+	685.522)	/ 2 )
	=	43.025	/	624.8355
	=	6.89 %

Pettenati Industria Textil's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	131.328	/	( ( (1033.925 - 212.899)	+	(1094.08 - 203.425) )	/ 2 )
	=	131.328	/	( ( 821.026	+	890.655 )	/ 2 )
	=	131.328	/	855.8405
	=	15.34 %

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

Pettenati Industria Textil (BSP:PTNT3) 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.

Pettenati Industria Textil ROCE % Related Terms

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

Pettenati Industria Textil Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pettenati SA Industria Textil (BSP:PTNT3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PTNT4:Brazil

Address

Rodovia RSC, 453 Km 2.4, Caxias Do Sul, RS, BRA, 95010550

Website

http://www.pettenati.com.br

Pettenati SA Industria Textil manufactures fabrics finished in mesh point and apparel. The company creates, develops, tests, manufactures and markets types of fabrics covering dyed woven and printed fabric types. The company's product line include Softs, Plushs, Half Meshes, Viscose and Sport Lines, among others.

Pettenati Industria Textil Headlines

No Headlines