GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens Energy AG (LTS:0SEA) » Definitions » ROCE %

Siemens Energy AG (LTS:0SEA) ROCE % : -0.09% (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Siemens Energy 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. Siemens Energy AG's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.09%.


Siemens Energy AG ROCE % Historical Data

The historical data trend for Siemens Energy 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.

* Premium members only.

Siemens Energy AG ROCE % Chart

Siemens Energy AG Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
Get a 7-Day Free Trial -9.10 -1.58 -2.04 -15.70 12.78

Siemens Energy AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -13.62 41.58 8.97 -0.04 -0.09

Siemens Energy AG ROCE % Calculation

Siemens Energy AG's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=2154/( ( (47907 - 31599) + (50874 - 33471) )/ 2 )
=2154/( (16308+17403)/ 2 )
=2154/16855.5
=12.78 %

Siemens Energy AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-16/( ( (51185 - 33340) + (50874 - 33471) )/ 2 )
=-16/( ( 17845 + 17403 )/ 2 )
=-16/17624
=-0.09 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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.


Siemens Energy AG  (LTS:0SEA) 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.


Siemens Energy AG ROCE % Related Terms

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


Siemens Energy AG Business Description

Address
Otto-Hahn-Ring 6, Munich, BY, DEU, 81739
Siemens Energy manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens AG in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one sixth of global electricity generation is based on its technology.

Siemens Energy AG Headlines

No Headlines