Holland Colours (FRA:HCY) ROCE % : 11.38% (As of Sep. 2023)

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What is Holland Colours 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. Holland Colours's annualized ROCE % for the quarter that ended in Sep. 2023 was 11.38%.

Holland Colours ROCE % Historical Data

The historical data trend for Holland Colours'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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Holland Colours ROCE % Chart

Holland Colours Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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21.75

23.48

24.42

24.35

12.53

Holland Colours Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															29.62	20.33	17.60	7.02	11.38

Holland Colours ROCE % Calculation

Holland Colours's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	7.522	/	( ( (79.616 - 19.744)	+	(73.755 - 13.541) )	/ 2 )
	=	7.522	/	( (59.872	+	60.214)	/ 2 )
	=	7.522	/	60.043
	=	12.53 %

Holland Colours's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	6.854	/	( ( (73.755 - 13.541)	+	(0 - 0) )	/ 1 )
	=	6.854	/	( ( 60.214	+	0 )	/ 1 )
	=	6.854	/	60.214
	=	11.38 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Holland Colours (FRA:HCY) 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.

Holland Colours ROCE % Related Terms

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Holland Colours (FRA:HCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Holland Colours (FRA:HCY) » Definitions » ROCE %

Comparable Companies

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HOLCO:Netherlands

Address

Halvemaanweg 1, P.O. Box 720, Apeldoorn, GE, NLD, 7323 RW

Website

https://www.hollandcolours.com

Holland Colours creates and manufactures high-quality solid and liquid colorants, masterbatches, and additives. The company and its subsidiaries manufacture, distribute, and sell color concentrates. Its products are designed to be well suited for coloring rigid and flexible polyvinyl chloride, pet, polyolefins, and other polymers. The company serves many different markets which include building and construction but is not limited to, profiles, pipes, siding, and cladding. In addition, to serving these markets, it also offers color concentrates for coatings, elastomers, adhesives, and other applications. The company operates geographically across Europe, the United States of America, and Asia.

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