AKKO Invest (BUD:AKKO) ROCE % : 9.91% (As of Jun. 2024)

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What is AKKO Invest 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. AKKO Invest's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.91%.

AKKO Invest ROCE % Historical Data

The historical data trend for AKKO Invest'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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AKKO Invest ROCE % Chart

AKKO Invest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-8.52

0.90

7.46

7.33

8.22

AKKO Invest Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															5.15	9.51	6.19	10.02	9.91

AKKO Invest ROCE % Calculation

AKKO Invest'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 )
	=	2035	/	( ( (34611 - 10318)	+	(41549 - 16313) )	/ 2 )
	=	2035	/	( (24293	+	25236)	/ 2 )
	=	2035	/	24764.5
	=	8.22 %

AKKO Invest'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 )
	=	2504	/	( ( (41549 - 16313)	+	(38891 - 13615) )	/ 2 )
	=	2504	/	( ( 25236	+	25276 )	/ 2 )
	=	2504	/	25256
	=	9.91 %

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

AKKO Invest (BUD:AKKO) 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.

AKKO Invest ROCE % Related Terms

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AKKO Invest Business Description

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N/A

Address

Dayka Gabor Utca 5, Budapest, HUN, 1118

Website

https://www.akkoinvest.hu

AKKO Invest PLC operates in the capital markets industry in Hungary. The objective of the company is to achieve asset accumulation and to realise a long-term increase in value through efficient cooperation between the holding and the subsidiaries. It has the following operating segments Industrial property segment, Residential property segment, Facility Management line of business, ITS line of business, and Fit-Out line of business. The majority is from the Facility management line of business. Facility Management includes activities related to property operation.

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