ASTARTA Holding NV (FRA:Z6J) ROCE % : 22.02% (As of Sep. 2024)

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What is ASTARTA Holding NV 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. ASTARTA Holding NV's annualized ROCE % for the quarter that ended in Sep. 2024 was 22.02%.

ASTARTA Holding NV ROCE % Historical Data

The historical data trend for ASTARTA Holding NV'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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ASTARTA Holding NV ROCE % Chart

ASTARTA Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.94

7.75

28.68

17.26

16.17

ASTARTA Holding NV 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															4.36	10.48	10.84	28.05	22.02

ASTARTA Holding NV ROCE % Calculation

ASTARTA Holding NV'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 )
	=	98.631	/	( ( (707.593 - 113.671)	+	(710.271 - 84.434) )	/ 2 )
	=	98.631	/	( (593.922	+	625.837)	/ 2 )
	=	98.631	/	609.8795
	=	16.17 %

ASTARTA Holding NV'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 )
	=	142.344	/	( ( (730.629 - 79.492)	+	(716.663 - 75.154) )	/ 2 )
	=	142.344	/	( ( 651.137	+	641.509 )	/ 2 )
	=	142.344	/	646.323
	=	22.02 %

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

ASTARTA Holding NV (FRA:Z6J) 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.

ASTARTA Holding NV ROCE % Related Terms

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ASTARTA Holding NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ASTARTA Holding NV (FRA:Z6J) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AST:Poland Z6J:Germany

Address

1 Lampousas, Nicosia, NLD, 1095

Website

https://astartaholding.com

ASTARTA Holding NV is an agro-industrial company. Through its subsidiaries, the company is engaged in the cultivation of sugar beet, grains, and oilseeds, the production of sugar, and related products. In addition, it is also involved in, crop growing, soybean processing, and cattle farming. The operating segments of the company are Sugar, Cattle farming, agriculture, and Soybean processing. The majority of the company's revenue is derived from Ukraine. The company has four operating segments: production and wholesale distribution of sugar (sugar production); growing and selling of grain and oilseeds crops (agriculture); dairy cattle farming (cattle farming); and soybean processing. Geographically the company generates revenue from Ukraine, Euroland, Asia, and Other.

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