Datrix SpA (MIL:DATA) ROCE % : -14.45% (As of Jun. 2024)

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What is Datrix 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. Datrix SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was -14.45%.

Datrix SpA ROCE % Historical Data

The historical data trend for Datrix 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.

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Datrix SpA ROCE % Chart

Datrix SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-12.27

-28.77

-20.28

-15.14

-16.95

Datrix SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial					-17.34	-12.91	-22.36	-10.36	-14.45

Datrix SpA ROCE % Calculation

Datrix 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 )
	=	-3.437	/	( ( (33 - 11.419)	+	(34.453 - 15.472) )	/ 2 )
	=	-3.437	/	( (21.581	+	18.981)	/ 2 )
	=	-3.437	/	20.281
	=	-16.95 %

Datrix SpA'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 )
	=	-2.72	/	( ( (34.453 - 15.472)	+	(30.599 - 11.93) )	/ 2 )
	=	-2.72	/	( ( 18.981	+	18.669 )	/ 2 )
	=	-2.72	/	18.825
	=	-14.45 %

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

Datrix SpA (MIL:DATA) 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.

Datrix SpA ROCE % Related Terms

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Datrix SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datrix SpA (MIL:DATA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BW6:Germany

Address

Foro Buonaparte 71, Milan, ITA, 20121

Website

https://www.datrixgroup.com

Datrix SpA is engaged in providing artificial intelligence-based solutions to grow the company's business. It offers various solutions including AI for FinTech, AI for Data Monetization, AI for Marketing & Sales, and Machine Learning Model Serving.