ALBA SE (HAM:ABA) ROCE %: 2.54% (As of Jun. 2024)


HAM:ABA ALBA SE HAM:ABA
10 GF Score
Price €6.60
View Full Analysis

What is ALBA SE ROCE %?

ALBA SE HAM:ABA +3.12% 10 ROCE % is 2.54% as of Jun. 2024. GuruFocus rates HAM:ABA with a GF Score™ of 10/100.

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. ALBA SE's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.54%.

ALBA SE  (HAM:ABA) 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.

ALBA SE ROCE % Related Terms

ALBA SE ROCE % Historical Data

* Premium members only.

The historical data trend for ALBA SE'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.

ALBA SE ROCE % Chart

ALBA SE 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 -2.14 -0.71 8.36 7.13 2.94

ALBA SE Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 9.72 4.60 4.36 1.56 2.54
HAM:ABA
10GF Score
ALBA SE HAM:ABA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALBA SE ROCE % Calculation

ALBA SE'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 )
=4.849/( ( (207.451 - 38.73) + (199.675 - 38.78) )/ 2 )
=4.849/( (168.721+160.895)/ 2 )
=4.849/164.808
=2.94 %

ALBA SE's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=4.066/( ( (199.675 - 38.78) + (204.154 - 44.533) )/ 2 )
=4.066/( ( 160.895 + 159.621 )/ 2 )
=4.066/160.258
=2.54 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 2.54% mean?
ALBA SE (HAM:ABA) has a ROCE % of 2.54% as of Jun. 2024.
Is ALBA SE's ROCE % too high?
ALBA SE's current ROCE % is 2.54%. The Waste Management industry median ROCE % is 5.89. ALBA SE's value of 2.54% is 56.8% below this industry median. Overall, ALBA SE has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does ALBA SE's ROCE % compare to WM and RSG?
ALBA SE's ROCE % of 2.54% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.89. ALBA SE's value of 2.54% is 56.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Waste Management company?
The median ROCE % among Waste Management companies is 5.89, based on 238 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ALBA SE's current ROCE % of 2.54% is 56.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALBA SE's current ROCE % is 2.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALBA SE stock overvalued right now?
ALBA SE (HAM:ABA) has a current ROCE % of 2.54%. The current ROCE % is 2.54% and 56.8% below the Waste Management industry median of 5.89. ALBA SE's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For ALBA SE (HAM:ABA), the current ROCE % is 2.54% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ALBA SE Business Description

Address Stollwerckstrasse 9a, Cologne, DEU, 51149
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.
10GF Score

Get the complete analysis for HAM:ABA

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.60
Price