Fae Technology SpA (MIL:FAE) ROCE % : 33.87% (As of Jun. 2024)

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What is Fae Technology 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. Fae Technology SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was 33.87%.

Fae Technology SpA ROCE % Historical Data

The historical data trend for Fae Technology 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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Fae Technology SpA ROCE % Chart

Fae Technology SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

11.30

47.47

37.04

26.02

Fae Technology SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			46.92	28.86	33.19	22.53	33.87

Fae Technology SpA ROCE % Calculation

Fae Technology 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 )
	=	4.996	/	( ( (31.272 - 19.16)	+	(54.36 - 28.075) )	/ 2 )
	=	4.996	/	( (12.112	+	26.285)	/ 2 )
	=	4.996	/	19.1985
	=	26.02 %

Fae Technology 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 )
	=	9.344	/	( ( (54.36 - 28.075)	+	(60.318 - 31.423) )	/ 2 )
	=	9.344	/	( ( 26.285	+	28.895 )	/ 2 )
	=	9.344	/	27.59
	=	33.87 %

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

Fae Technology SpA (MIL:FAE) 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.

Fae Technology SpA ROCE % Related Terms

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Fae Technology SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fae Technology SpA (MIL:FAE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via C. Battisti, 136, Gazzaniga (BG), ITA, 24025

Website

https://www.fae.technology

Fae Technology SpA operates in design, PoC development, industrial design, prototyping, manufacturing, and solution delivery in embedded electronics and custom electronics products.

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