Energy SpA (MIL:ENY) ROCE % : 2.28% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Energy 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. Energy SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.28%.

Energy SpA ROCE % Historical Data

The historical data trend for Energy 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.

Energy SpA ROCE % Chart

Energy SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

81.47

63.64

120.75

81.01

12.67

Energy SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	239.05	51.38	23.11	2.28

Energy SpA ROCE % Calculation

Energy 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 )
	=	8.9	/	( ( (106.763 - 41.367)	+	(100.614 - 25.569) )	/ 2 )
	=	8.9	/	( (65.396	+	75.045)	/ 2 )
	=	8.9	/	70.2205
	=	12.67 %

Energy 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 )
	=	1.7	/	( ( (115.949 - 42.029)	+	(100.614 - 25.569) )	/ 2 )
	=	1.7	/	( ( 73.92	+	75.045 )	/ 2 )
	=	1.7	/	74.4825
	=	2.28 %

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

Energy SpA (MIL:ENY) 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.

Energy SpA ROCE % Related Terms

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

Energy SpA (MIL:ENY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Energy SpA (MIL:ENY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

S2I:Germany

Address

Piazza Manifattura, 1, Trentino, Rovereto, ITA, 38068

Website

https://www.energysynt.com

Energy SpA offers storage systems for energy from renewable sources. The systems developed and marketed are integrated with proprietary software that allows customers to manage intelligently, in a cloud platform, the monitoring and the process of storage, energy use, consumption, and energy traffic. The company offers two product categories Small & Large ESS category, consisting of energy storage systems of less than 50 kw; and Extra Large ESS category, consisting of energy storage systems of more than 50 kw.

Energy SpA (MIL:ENY) Headlines

No Headlines