GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GEA (Grenobloise d'Electronique et d'Automatismes) (LTS:0EJQ) » Definitions » ROCE %

GEA (Grenobloise d'Electronique et d'Automatismes) (LTS:0EJQ) ROCE % : 0.72% (As of Sep. 2023)


View and export this data going back to 2007. Start your Free Trial

What is GEA (Grenobloise d'Electronique et d'Automatismes) 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. GEA (Grenobloise d'Electronique et d'Automatismes)'s annualized ROCE % for the quarter that ended in Sep. 2023 was 0.72%.


GEA (Grenobloise d'Electronique et d'Automatismes) ROCE % Historical Data

The historical data trend for GEA (Grenobloise d'Electronique et d'Automatismes)'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.

GEA (Grenobloise d'Electronique et d'Automatismes) ROCE % Chart

GEA (Grenobloise d'Electronique et d'Automatismes) Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.96 4.79 2.35 3.89 3.06

GEA (Grenobloise d'Electronique et d'Automatismes) 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 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 2.49 5.43 2.38 5.41 0.72

GEA (Grenobloise d'Electronique et d'Automatismes) ROCE % Calculation

GEA (Grenobloise d'Electronique et d'Automatismes)'s annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=2.267/( ( (86.37 - 12.413) + (93.526 - 19.12) )/ 2 )
=2.267/( (73.957+74.406)/ 2 )
=2.267/74.1815
=3.06 %

GEA (Grenobloise d'Electronique et d'Automatismes)'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 )
=0.536/( ( (94.431 - 20.614) + (93.526 - 19.12) )/ 2 )
=0.536/( ( 73.817 + 74.406 )/ 2 )
=0.536/74.1115
=0.72 %

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


GEA (Grenobloise d'Electronique et d'Automatismes)  (LTS:0EJQ) 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.


GEA (Grenobloise d'Electronique et d'Automatismes) ROCE % Related Terms

Thank you for viewing the detailed overview of GEA (Grenobloise d'Electronique et d'Automatismes)'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


GEA (Grenobloise d'Electronique et d'Automatismes) (LTS:0EJQ) Business Description

Traded in Other Exchanges
Address
Inovallee 12, chemin de Malacher, CS 60085, Meylan, FRA, 38243
GEA (Grenobloise d'Electronique et d'Automatismes) is engaged in the business of designing, manufacturing, developing, integrating, installing and maintaining toll collection systems as well as it also provides parking revenue collection systems. Its products include automatic ticket issuing machine, manual toll terminals, automatic payment machines, plaza computer systems and central systems.

GEA (Grenobloise d'Electronique et d'Automatismes) (LTS:0EJQ) Headlines

No Headlines