GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HOCN AG (CHIX:HOCNz) » Definitions » ROCE %

HOCN AG (CHIX:HOCNZ) ROCE % : 0.50% (As of Jun. 2024)


View and export this data going back to 2013. Start your Free Trial

What is HOCN 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. HOCN AG's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.50%.


HOCN AG ROCE % Historical Data

The historical data trend for HOCN 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.

* Premium members only.

HOCN AG ROCE % Chart

HOCN AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.75 -19.75 2.37 -9.89 -2.81

HOCN AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.51 -5.15 1.86 -7.22 0.50

HOCN AG ROCE % Calculation

HOCN 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 )
=-5.72/( ( (283.352 - 108.331) + (271.714 - 39.169) )/ 2 )
=-5.72/( (175.021+232.545)/ 2 )
=-5.72/203.783
=-2.81 %

HOCN AG'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 )
=0.626/( ( (271.714 - 39.169) + (136.244 - 119.953) )/ 2 )
=0.626/( ( 232.545 + 16.291 )/ 2 )
=0.626/124.418
=0.50 %

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

* 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.


HOCN AG  (CHIX:HOCNz) 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.


HOCN AG ROCE % Related Terms

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


HOCN AG Business Description

Traded in Other Exchanges
Address
Siedereistrasse 9, Postfach 691, Hochdorf, CHE, 6281
HOCN AG Formerly Hochdorf Holding AG is a food company. It produces and sells food products to the food industry and the wholesale and retail trade in the international markets. The company operates in two segment: Food Solutions and Infant Nutrition. The company generates the majority of its revenue from the Food Solutions segment. The company generates revenue from sale of their products: Milk products/cream, Milk powder, Infant formula, Specialities, and Bakery/confectionary goods. Geographically the company generates the majority of its revenue from Switzerland/Liechtenstein region.

HOCN AG Headlines

No Headlines