Azelis Group NV (FRA:2R7) ROCE % : 6.86% (As of Dec. 2024)

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What is Azelis Group 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. Azelis Group NV's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.86%.

Azelis Group NV ROCE % Historical Data

The historical data trend for Azelis Group 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.

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Azelis Group NV ROCE % Chart

Azelis Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.45

5.82

9.66

7.98

7.56

Azelis Group NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial						7.44	9.12	6.44	8.35	6.86

Azelis Group NV ROCE % Calculation

Azelis Group NV's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	362.084	/	( ( (5572.228 - 939.752)	+	(5762.88 - 818.874) )	/ 2 )
	=	362.084	/	( (4632.476	+	4944.006)	/ 2 )
	=	362.084	/	4788.241
	=	7.56 %

Azelis Group NV's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	332.454	/	( ( (5780.979 - 1036.09)	+	(5762.88 - 818.874) )	/ 2 )
	=	332.454	/	( ( 4744.889	+	4944.006 )	/ 2 )
	=	332.454	/	4844.4475
	=	6.86 %

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

Azelis Group NV (FRA:2R7) 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.

Azelis Group NV ROCE % Related Terms

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Azelis Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Azelis Group NV (FRA:2R7) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AZLGY:USA AZLGF:USA AZEb:UK 2R7:Germany AZE:Belgium

Address

Posthofbrug 12, Box 6, Antwerp, BEL, B-2600

Website

https://www.azelis.com

Azelis Group NV is a Belgium-based distributor of specialty chemicals and food ingredients. The Company focuses on the intensified efforts for formulation work and application that supports the partners from the labs. It works with Business to Business (B2B) buyers in the digital tools investment and technologies using online portals to find information on sellers, products, and services. The company has its business operating segments namely EMEA includes all operating companies in Europe, Middle East and Africa, Americas includes all operating companies in the United States of America, Canada, Mexico and South America (mainly Colombia and Brazil). Asia-Pacific involves all operating companies in Asia, South-East Asia and the Pacific region.

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