Lacroix Group (FRA:51M) ROCE % : 2.22% (As of Jun. 2024)

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What is Lacroix 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. Lacroix Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.22%.

Lacroix Group ROCE % Historical Data

The historical data trend for Lacroix 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.

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Lacroix Group ROCE % Chart

Lacroix Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

ROCE %

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8.66

9.87

9.80

9.45

5.79

Lacroix Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															4.12	7.44	7.32	-5.22	2.22

Lacroix Group ROCE % Calculation

Lacroix Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	18.359	/	( ( (543.216 - 235.8)	+	(591.439 - 264.441) )	/ 2 )
	=	18.359	/	( (307.416	+	326.998)	/ 2 )
	=	18.359	/	317.207
	=	5.79 %

Lacroix Group'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 )
	=	6.984	/	( ( (607.1 - 276.528)	+	(576.105 - 277.936) )	/ 2 )
	=	6.984	/	( ( 330.572	+	298.169 )	/ 2 )
	=	6.984	/	314.3705
	=	2.22 %

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

Lacroix Group (FRA:51M) 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.

Lacroix Group ROCE % Related Terms

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Lacroix Group Business Description

Industry

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Comparable Companies

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LCRXF:USA LACR:France

Address

8, impasse du Bourrelier, B.P. 30 004, Saint Herblain cedex, FRA, 44801

Website

https://www.lacroix-group.com

Lacroix Group is engaged in the design and production of consumer electronic equipment, in particular in the automotive, home automation, aeronautical, industrial and health sectors.

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