Zehnder Group AG (LTS:0R6S) ROCE % : 11.00% (As of Dec. 2023)

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What is Zehnder 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. Zehnder Group AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.00%.

Zehnder Group AG ROCE % Historical Data

The historical data trend for Zehnder 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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Zehnder Group AG ROCE % Chart

Zehnder Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.79

13.86

17.88

18.08

15.30

Zehnder Group AG 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															15.98	19.18	18.58	20.35	11.00

Zehnder Group AG ROCE % Calculation

Zehnder 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 )
	=	54.887	/	( ( (525.801 - 159.872)	+	(487.381 - 135.991) )	/ 2 )
	=	54.887	/	( (365.929	+	351.39)	/ 2 )
	=	54.887	/	358.6595
	=	15.30 %

Zehnder Group AG'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 )
	=	38.854	/	( ( (524.437 - 169.544)	+	(487.381 - 135.991) )	/ 2 )
	=	38.854	/	( ( 354.893	+	351.39 )	/ 2 )
	=	38.854	/	353.1415
	=	11.00 %

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

Zehnder Group AG (LTS:0R6S) 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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Zehnder Group AG (LTS:0R6S) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zehnder Group AG (LTS:0R6S) » Definitions » ROCE %

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ZEHNz:UK ZEHN:Switzerland

Address

Moortalstrasse 1, Granichen, CHE, 5722

Website

https://www.zehndergroup.com

Zehnder Group AG is an indoor climate system supplier. Its activities are divided into the radiator and ventilation business areas. The business activity of the company is functioned through Europe and China and North America. The company has two segments, Ventilation and Radiators. The ventilation segment covers the three product lines for ventilation, heat exchangers and clean air solutions. The radiator segment contains two product lines: radiators and climate ceilings. The company generates revenue from Europe.

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