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EEMS Italia SpA (MIL:EEMS) ROCE % : -116.37% (As of Dec. 2023)


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What is EEMS Italia 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. EEMS Italia SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was -116.37%.

EEMS Italia SpA ROCE % Historical Data

The historical data trend for EEMS Italia 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.

EEMS Italia SpA ROCE % Chart

EEMS Italia SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -173.13 -197.09 -19.01 -173.23 -145.80

EEMS Italia SpA 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 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 44.93 -202.71 -165.80 -148.08 -116.37

EEMS Italia SpA ROCE % Calculation

EEMS Italia 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 )
=-2.97/( ( (3.598 - 2.083) + (3.95 - 1.391) )/ 2 )
=-2.97/( (1.515+2.559)/ 2 )
=-2.97/2.037
=-145.80 %

EEMS Italia 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 )
=-2.954/( ( (4.144 - 1.626) + (3.95 - 1.391) )/ 2 )
=-2.954/( ( 2.518 + 2.559 )/ 2 )
=-2.954/2.5385
=-116.37 %

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

EEMS Italia SpA  (MIL:EEMS) 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.

EEMS Italia SpA ROCE % Related Terms

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EEMS Italia SpA (MIL:EEMS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EEMS Italia SpA (MIL:EEMS) » Definitions » ROCE %
Comparable Companies
MIL:RAD MIL:RLT MIL:RDF MIL:CLE MIL:GTH MIL:SFER MIL:NSP MIL:YRM MIL:POZ MIL:TGYM XMAD:NTGY ATO BOM:532155 MIL:SRG HKSE:00003 BOM:542066 NI HKSE:02688 TSE:9532 TSE:9531
Traded in Other Exchanges
N/A
Address
Via delle Scienze, 5, Cittaducale, Rieti, ITA, 02015
Website
http://www.eems.com
EEMS Italia SpA is a provider of assembly and test solutions for the semiconductor industry, developing semiconductor memories. The company operates in China and Italy.