Stellantis NV (CHIX:STLAMM) ROCE % : 12.00% (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Stellantis 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. Stellantis NV's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.00%.

Stellantis NV ROCE % Historical Data

The historical data trend for Stellantis 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.

* Premium members only.

Stellantis NV ROCE % Chart

Stellantis NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.93

5.78

21.10

18.29

19.19

Stellantis NV 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															18.79	17.61	23.38	15.00	12.00

Stellantis NV ROCE % Calculation

Stellantis 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 )
	=	23748	/	( ( (186156 - 66825)	+	(202128 - 73940) )	/ 2 )
	=	23748	/	( (119331	+	128188)	/ 2 )
	=	23748	/	123759.5
	=	19.19 %

Stellantis NV'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 )
	=	15552	/	( ( (202128 - 73940)	+	(206886 - 75977) )	/ 2 )
	=	15552	/	( ( 128188	+	130909 )	/ 2 )
	=	15552	/	129548.5
	=	12.00 %

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

Stellantis NV (CHIX:STLAMm) 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.

Stellantis NV ROCE % Related Terms

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

Stellantis NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stellantis NV (CHIX:STLAMm) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

STLA:USA STLA:Mexico STLAM:Italy 0QXR:UK STLAP:France 8TI:Germany 8TI:Germany 8TI:Germany 8TI:Germany STLA:Bulgaria FCAU:Austria

Address

Taurusavenue 1, Hoofddorp, NH, NLD, 2132 LS

Website

https://www.stellantis.com

Stellantis was created out of the merger of US-based Fiat Chrysler Automobiles, or FCA, and French-based Peugeot, or PSA, in January 2021, resulting in the fourth-largest automotive original equipment manufacturer, or OEM, by vehicle sales. In 2023 it sold 6.4 million vehicles, 44% and 30% in Europe and North America, respectively. North America is the most profitable region, contributing 53% of operating income. Its brands include Fiat, Jeep, Chrysler, Ram, Peugeot, Citroen, Opel, Alfa Romeo, and Maserati.

Stellantis NV Headlines

No Headlines