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GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) ROCE % : 10.01% (As of Dec. 2023)


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What is GEK Terna Holding Real Estate Construction 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. GEK Terna Holding Real Estate Construction's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.01%.


GEK Terna Holding Real Estate Construction ROCE % Historical Data

The historical data trend for GEK Terna Holding Real Estate Construction'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.

* Premium members only.

GEK Terna Holding Real Estate Construction ROCE % Chart

GEK Terna Holding Real Estate Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.65 3.98 6.06 7.70 8.93

GEK Terna Holding Real Estate Construction Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.92 4.31 11.34 7.76 10.01

GEK Terna Holding Real Estate Construction ROCE % Calculation

GEK Terna Holding Real Estate Construction'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 )
=445.118/( ( (6332.109 - 1490.111) + (6602.322 - 1476.796) )/ 2 )
=445.118/( (4841.998+5125.526)/ 2 )
=445.118/4983.762
=8.93 %

GEK Terna Holding Real Estate Construction'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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=506.14/( ( (6515.355 - 1523.722) + (6602.322 - 1476.796) )/ 2 )
=506.14/( ( 4991.633 + 5125.526 )/ 2 )
=506.14/5058.5795
=10.01 %

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

* 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.


GEK Terna Holding Real Estate Construction  (OTCPK:GKTRF) 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.


GEK Terna Holding Real Estate Construction ROCE % Related Terms

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GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Business Description

Traded in Other Exchanges
Address
85, Mesogeion Avenue, Athens, GRC, 115 26
GEK Terna Holding Real Estate Construction SA is a building construction company engaged in the development and management of investment property. The firm constructs property of any kind, manages self-financed or co-financed projects, operates energy projects, as well as its, participates in companies having similar activities. It operates in seven business segments, Construction, Electricity from RES, Electricity from thermal energy, Real Estate, Industry, Concessions, and Holding. Construction refers to contracts for the construction of technical projects. GEK Terna operates in over 14 countries including Greece, Central and Southeastern Europe, the USA, North Africa, and the Middle East.

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