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Elior Group (FRA:21E) ROCE % : 2.99% (As of Sep. 2024)


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What is Elior Group 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. Elior Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.99%.


Elior Group ROCE % Historical Data

The historical data trend for Elior Group'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.

Elior Group ROCE % Chart

Elior Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.17 -3.98 -16.44 -2.14 5.27

Elior Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -14.62 1.52 -5.91 7.17 2.99

Elior Group ROCE % Calculation

Elior Group'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 )
=105/( ( (3833 - 1757) + (3808 - 1899) )/ 2 )
=105/( (2076+1909)/ 2 )
=105/1992.5
=5.27 %

Elior Group'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: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=60/( ( (3805 - 1698) + (3808 - 1899) )/ 2 )
=60/( ( 2107 + 1909 )/ 2 )
=60/2008
=2.99 %

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


Elior Group  (FRA:21E) 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.


Elior Group ROCE % Related Terms

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Elior Group Business Description

Traded in Other Exchanges
Address
9-11 allee de l’Arche, Paris La Defense, FRA, 92032
Elior Group SA operates in the contracted food and support services industry. Its business is divided into Contract Catering and Services. It provides catering services to Business and Industry Market, Education Market, Healthcare and Welfare Industry Market. In Services, Company provide Cleaning and Energy Services to Business and Industries. Also include Solutions to aeronautics sector, HR & temporary staffing solutions, Urban area solutions. It has developed and promoted brands such as Elior, Elior services, Areas, Gemeaz, Serunion, etc. The firm mainly operates in France, Italy, the United States, Spain, and the United Kingdom, with maximum revenue from France.

Elior Group Headlines

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