Groupe Open (LTS:0O1T) ROCE % : 9.52% (As of Jun. 2021)

View and export this data going back to 2009. Start your Free Trial

What is Groupe Open 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. Groupe Open's annualized ROCE % for the quarter that ended in Jun. 2021 was 9.52%.

Groupe Open ROCE % Historical Data

The historical data trend for Groupe Open'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.

Groupe Open ROCE % Chart

Groupe Open Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

Get a 7-Day Free Trial

16.27

14.34

14.25

8.53

7.83

Groupe Open Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
ROCE %	Get a 7-Day Free Trial															5.59	10.88	6.10	9.48	9.52

Groupe Open ROCE % Calculation

Groupe Open's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	11.4	/	( ( (248.3 - 100.7)	+	(255.8 - 112.3) )	/ 2 )
	=	11.4	/	( (147.6	+	143.5)	/ 2 )
	=	11.4	/	145.55
	=	7.83 %

Groupe Open's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	13.8	/	( ( (255.8 - 112.3)	+	(257.5 - 111.2) )	/ 2 )
	=	13.8	/	( ( 143.5	+	146.3 )	/ 2 )
	=	13.8	/	144.9
	=	9.52 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

Groupe Open (LTS:0O1T) 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.

Groupe Open ROCE % Related Terms

Thank you for viewing the detailed overview of Groupe Open's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Groupe Open (LTS:0O1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Groupe Open SA (LTS:0O1T) » Definitions » ROCE %

Comparable Companies

TSE:4371 MIGI TSE:3657 IBEX TSXV:QUIS TSE:4674 SHSE:688500 TSE:3676 HKSE:03680 XCNQ:PKK

Traded in Other Exchanges

N/A

Address

97 Boulevard, Paris, FRA, 75017

Website

http://www.groupe-open.com

Groupe Open SA is engaged in digital and industrial transformation business in France, Belgium, the Netherlands, Luxembourg, and China. The company offers IT and digital consultancy services; project management assistance; project design and conception services; application design and development services for management systems, Websites, mobile projects; application portfolio management services; software integrating solutions; and project testing and acceptance services.

Groupe Open (LTS:0O1T) Headlines

No Headlines