Gabriel Holding AS (FRA:1GH) ROCE % : 1.36% (As of Sep. 2024)

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What is Gabriel Holding AS 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. Gabriel Holding AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.36%.

Gabriel Holding AS ROCE % Historical Data

The historical data trend for Gabriel Holding AS'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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Gabriel Holding AS ROCE % Chart

Gabriel Holding AS Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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10.21

15.73

19.93

4.19

6.00

Gabriel Holding AS 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															-2.11	3.16	7.12	8.90	1.36

Gabriel Holding AS ROCE % Calculation

Gabriel Holding AS's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	2.787	/	( ( (103.749 - 55.509)	+	(104.238 - 59.565) )	/ 2 )
	=	2.787	/	( (48.24	+	44.673)	/ 2 )
	=	2.787	/	46.4565
	=	6.00 %

Gabriel Holding AS'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 )
	=	0.688	/	( ( (111.521 - 54.668)	+	(104.238 - 59.565) )	/ 2 )
	=	0.688	/	( ( 56.853	+	44.673 )	/ 2 )
	=	0.688	/	50.763
	=	1.36 %

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

Gabriel Holding AS (FRA:1GH) 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.

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Gabriel Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gabriel Holding AS (FRA:1GH) » Definitions » ROCE %

Traded in Other Exchanges

GABR:Denmark

Address

Hjulmagervej 55, Aalborg, DNK, 9000

Website

https://www.gabriel.dk

Gabriel Holding AS is a Denmark-based company that manufactures and sells furniture fabrics of pure wool and microfibers, upholstery fabrics, components, upholstered Surfaces and related products and services. It focuses on business areas that are Fabrics, FurnMaster, SampleMaster and others. Fabrics develop a wide range of furniture products; FurnMaster offers logistics solutions, cutting, sewing and assembly of furniture screens; and SampleMaster designs and produces boxes, hangers, catalogs, colour cards and other kind of promotional presentation materials. It provides a full palette of solutions and services for the international furniture industry, including fabrics, furniture and components, customised sample solutions, acoustic comfort, and knitting and embellishment services.

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