Amadeus Fire AG (FRA:AAD) ROCE % : 23.71% (As of Mar. 2024)

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What is Amadeus Fire AG 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. Amadeus Fire AG's annualized ROCE % for the quarter that ended in Mar. 2024 was 23.71%.

Amadeus Fire AG ROCE % Historical Data

The historical data trend for Amadeus Fire AG'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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Amadeus Fire AG ROCE % Chart

Amadeus Fire AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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48.28

17.04

21.60

25.59

26.88

Amadeus Fire AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															28.67	20.44	35.65	22.02	23.71

Amadeus Fire AG ROCE % Calculation

Amadeus Fire AG'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 )
	=	63.315	/	( ( (336.135 - 92.427)	+	(342.904 - 115.573) )	/ 2 )
	=	63.315	/	( (243.708	+	227.331)	/ 2 )
	=	63.315	/	235.5195
	=	26.88 %

Amadeus Fire AG's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	54.896	/	( ( (342.904 - 115.573)	+	(346.525 - 110.735) )	/ 2 )
	=	54.896	/	( ( 227.331	+	235.79 )	/ 2 )
	=	54.896	/	231.5605
	=	23.71 %

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

Amadeus Fire AG (FRA:AAD) 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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Amadeus Fire AG (FRA:AAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Amadeus Fire AG (FRA:AAD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1AAD:Italy 0DK9:UK AAD:Germany

Address

Hanauer Landstrasse 160, Frankfurt am Main, DEU, 60314

Website

https://www.amadeus-fire.de

Amadeus Fire AG is engaged in providing specialized staffing services for business professionals and executives. The business functions in Germany with two professional segments: Personnel services (Temporary Staffing, Permanent Placement, Interim Project Management), and Training. It provides services for international groups, medium-sized companies, and start-ups in the commercial and Information Technology sectors. Amadeus derives the majority of its revenue from the Temporary Staffing segment.

Amadeus Fire AG (FRA:AAD) Headlines

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