ICOP SpA (FRA:ZU2) ROCE % : 0.00% (As of Dec. 2023)

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What is ICOP SpA 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. ICOP SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

ICOP SpA ROCE % Historical Data

The historical data trend for ICOP SpA'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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ICOP SpA ROCE % Chart

ICOP SpA Annual Data

Trend

Dec22

Dec23

ROCE %

6.47

8.46

ICOP SpA Semi-Annual Data
	Dec22	Dec23	Jun24
ROCE %	-	-	-

ICOP SpA ROCE % Calculation

ICOP SpA'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 )
	=	9.428	/	( ( (172.501 - 60.772)	+	(196.401 - 85.166) )	/ 2 )
	=	9.428	/	( (111.729	+	111.235)	/ 2 )
	=	9.428	/	111.482
	=	8.46 %

ICOP SpA's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	0	/	( ( (172.501 - 60.772)	+	(196.401 - 85.166) )	/ 2 )
	=	0	/	( ( 111.729	+	111.235 )	/ 2 )
	=	0	/	111.482
	=	0.00 %

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

ICOP SpA (FRA:ZU2) 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.

ICOP SpA ROCE % Related Terms

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ICOP SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ICOP SpA (FRA:ZU2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ICOP:Italy

Address

Via Silvio Pellico, 2, Basiliano (UD), ITA, 33031

Website

https://www.icop.it

ICOP SpA operates domestically and internationally in the construction and engineering works sector. It is engaged in (i) special foundations; (ii) microtunnelling technologies ; (iii) maritime works (specialist works) and carries out, secondarily, (iv) public-private partnership (PPP) works and other infrastructure works.

ICOP SpA Headlines

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