Eisen- und Huettenwerke AG (FRA:EIS) ROCE % : 17.86% (As of Sep. 2024)

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What is Eisen- und Huettenwerke 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. Eisen- und Huettenwerke AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.86%.

Eisen- und Huettenwerke AG ROCE % Historical Data

The historical data trend for Eisen- und Huettenwerke 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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Eisen- und Huettenwerke AG ROCE % Chart

Eisen- und Huettenwerke AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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6.11

7.05

8.14

10.30

8.14

Eisen- und Huettenwerke AG 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															16.81	-0.83	22.23	-0.72	17.86

Eisen- und Huettenwerke AG ROCE % Calculation

Eisen- und Huettenwerke AG'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 )
	=	8.614	/	( ( (107.07 - 0.316)	+	(104.809 - 0.007) )	/ 2 )
	=	8.614	/	( (106.754	+	104.802)	/ 2 )
	=	8.614	/	105.778
	=	8.14 %

Eisen- und Huettenwerke AG'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 )
	=	17.962	/	( ( (96.403 - 0.026)	+	(104.809 - 0.007) )	/ 2 )
	=	17.962	/	( ( 96.377	+	104.802 )	/ 2 )
	=	17.962	/	100.5895
	=	17.86 %

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

Eisen- und Huettenwerke AG (FRA:EIS) 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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Eisen- und Huettenwerke AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Eisen- und Huettenwerke AG (FRA:EIS) » Definitions » ROCE %

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EIS:Germany EIS:Germany

Address

Koblenzer Street 141, Andernach, DEU, 56626

Website

http://www.ehw.ag

Eisen- und Huettenwerke AG is a Germany-based company. It focuses on the acquisition, management and sale of investments in third companies that produce and process iron, steel and other metals and materials.