Zinzino Holding AB (FRA:9EE) ROCE % : 54.51% (As of Sep. 2024)

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What is Zinzino Holding AB 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. Zinzino Holding AB's annualized ROCE % for the quarter that ended in Sep. 2024 was 54.51%.

Zinzino Holding AB ROCE % Historical Data

The historical data trend for Zinzino Holding AB'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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Zinzino Holding AB ROCE % Chart

Zinzino Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.56

83.86

73.19

43.34

75.18

Zinzino Holding AB 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															101.04	85.92	48.73	57.64	54.51

Zinzino Holding AB ROCE % Calculation

Zinzino Holding AB'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 )
	=	19.121	/	( ( (59.239 - 38.427)	+	(75.284 - 45.232) )	/ 2 )
	=	19.121	/	( (20.812	+	30.052)	/ 2 )
	=	19.121	/	25.432
	=	75.18 %

Zinzino Holding AB'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 )
	=	19.212	/	( ( (89.98 - 56.117)	+	(94.12 - 57.493) )	/ 2 )
	=	19.212	/	( ( 33.863	+	36.627 )	/ 2 )
	=	19.212	/	35.245
	=	54.51 %

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

Zinzino Holding AB (FRA:9EE) 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.

Zinzino Holding AB ROCE % Related Terms

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Zinzino Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zinzino Holding AB (FRA:9EE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ZNZNF:USA ZZ B:Sweden

Address

Hulda Mellgrens Gata 5, Vastra Frolunda, Gothenburg, SWE, 421 32

Website

https://www.zinzino.com

Zinzino Holding AB is a direct sales company. The company offers products focusing on nutritional supplements, skincare, and lifestyle products. The company operates in two segments Zinzino and Faun. The majority of the revenue is generated from the Zinzino segment. The company's product areas include Immune and Brain, SkinCare, Weight Control, Beverages, and others. The company's geographical segments include Sweden, Hungary, Germany, Norway, Finland, Denmark, and other countries.

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