Bayerische Motoren Werke AG (CHIX:BMW3D) ROCE % : 2.39% (As of Sep. 2024)

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What is Bayerische Motoren Werke AG 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. Bayerische Motoren Werke AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.39%.

Bayerische Motoren Werke AG ROCE % Historical Data

The historical data trend for Bayerische Motoren Werke AG'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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Bayerische Motoren Werke AG ROCE % Chart

Bayerische Motoren Werke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.35

3.92

10.95

15.05

10.88

Bayerische Motoren Werke AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															10.30	9.68	10.37	9.36	2.39

Bayerische Motoren Werke AG ROCE % Calculation

Bayerische Motoren Werke AG'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 )
	=	17752	/	( ( (246926 - 84421)	+	(250890 - 87001) )	/ 2 )
	=	17752	/	( (162505	+	163889)	/ 2 )
	=	17752	/	163197
	=	10.88 %

Bayerische Motoren Werke AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	4088	/	( ( (259096 - 89073)	+	(261926 - 90086) )	/ 2 )
	=	4088	/	( ( 170023	+	171840 )	/ 2 )
	=	4088	/	170931.5
	=	2.39 %

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

Bayerische Motoren Werke AG (CHIX:BMW3d) 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.

Bayerische Motoren Werke AG ROCE % Related Terms

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Bayerische Motoren Werke AG Business Description

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BYMOF:USA BMWKY:USA BAMXF:USA BMW:Romania BMW:Poland BMWM5N:Mexico 1BMW3:Italy 1BMW:Italy BMW:Hungary BMWd:UK 0O0V:UK 0O0U:UK BMW:Germany BMW:Bulgaria BMWG:Austria BMW:Austria

Address

Petuelring 130, Munich, BY, DEU, 80809

Website

https://www.bmwgroup.com

BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.8 million vehicles in 2023 (2.6 million being passenger cars). In terms of sales volumes, Asia and Europe are BMW's largest regions, contributing 39% and 38%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end priced vehicles.

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