Abc Co SpA (MIL:ABC) ROCE % : 1.37% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Abc Co SpA 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. Abc Co SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.37%.

Abc Co SpA ROCE % Historical Data

The historical data trend for Abc Co SpA'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.

Abc Co SpA ROCE % Chart

Abc Co SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.46

-4.85

-72.11

-1.15

Abc Co SpA Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-42.55	-115.07	-8.74	1.37	-0.10

Abc Co SpA ROCE % Calculation

Abc Co SpA'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 )
	=	-0.318	/	( ( (23.656 - 0.308)	+	(32.134 - 0.289) )	/ 2 )
	=	-0.318	/	( (23.348	+	31.845)	/ 2 )
	=	-0.318	/	27.5965
	=	-1.15 %

Abc Co SpA'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 )
	=	0.376	/	( ( (23.403 - 0.285)	+	(32.134 - 0.289) )	/ 2 )
	=	0.376	/	( ( 23.118	+	31.845 )	/ 2 )
	=	0.376	/	27.4815
	=	1.37 %

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

Abc Co SpA (MIL:ABC) 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.

Abc Co SpA ROCE % Related Terms

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

Abc Co SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Abc Co SpA (MIL:ABC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Aldo Moro, 3/A, Biella, ITA, 13900

Website

http://www.compagniadellaruota.com

Abc Co SpA is a capital vehicle and a benefit company that deals with the serial launch of listed and unlisted financial vehicles or instruments, to carry out business combinations with targets that reflect pre-established criteria and metrics as well as investing directly in listed companies, quotande or private deals.

Abc Co SpA Headlines

No Headlines