Bellevue Group AG (LTS:0QLZ) ROCE % : 14.12% (As of Jun. 2024)

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What is Bellevue Group AG 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. Bellevue Group AG's annualized ROCE % for the quarter that ended in Jun. 2024 was 14.12%.

Bellevue Group AG ROCE % Historical Data

The historical data trend for Bellevue Group AG'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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Bellevue Group AG ROCE % Chart

Bellevue Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.74

15.59

29.87

19.66

14.35

Bellevue Group AG 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															22.46	19.06	15.25	14.70	14.12

Bellevue Group AG ROCE % Calculation

Bellevue Group AG'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 )
	=	20.135	/	( ( (185.211 - 36.061)	+	(155.543 - 23.991) )	/ 2 )
	=	20.135	/	( (149.15	+	131.552)	/ 2 )
	=	20.135	/	140.351
	=	14.35 %

Bellevue Group AG'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 )
	=	18.06	/	( ( (155.543 - 23.991)	+	(138.752 - 14.577) )	/ 2 )
	=	18.06	/	( ( 131.552	+	124.175 )	/ 2 )
	=	18.06	/	127.8635
	=	14.12 %

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

Bellevue Group AG (LTS:0QLZ) 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.

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Bellevue Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bellevue Group AG (LTS:0QLZ) » Definitions » ROCE %

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BBNz:UK BBN:Switzerland

Address

Seestrasse 16, Kusnacht, Zurich, CHE, CH-8700

Website

https://www.bellevue.ch

Bellevue Group AG is a Switzerland-based company operating in the finance industry. It is principally engaged in the field of asset management and wealth management. The business operates in one segment. The segment consists of the operating business units Bellevue Asset Management, StarCapital, and Bellevue Private Markets. It has a clear focus on managing equity portfolios for selected sectors and regional strategies.

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