Fincantieri SpA (MIL:FCT) ROCE % : 8.17% (As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Fincantieri 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. Fincantieri SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was 8.17%.

Fincantieri SpA ROCE % Historical Data

The historical data trend for Fincantieri 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.

Fincantieri SpA ROCE % Chart

Fincantieri SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

0.71

-6.78

5.30

-8.20

6.19

Fincantieri SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-12.03	-3.35	5.24	8.02	8.17

Fincantieri SpA ROCE % Calculation

Fincantieri 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 )
	=	165.481	/	( ( (8710.423 - 6178.147)	+	(8710.046 - 5894.814) )	/ 2 )
	=	165.481	/	( (2532.276	+	2815.232)	/ 2 )
	=	165.481	/	2673.754
	=	6.19 %

Fincantieri 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 )
	=	220.638	/	( ( (8710.046 - 5894.814)	+	(8830.744 - 6245.905) )	/ 2 )
	=	220.638	/	( ( 2815.232	+	2584.839 )	/ 2 )
	=	220.638	/	2700.0355
	=	8.17 %

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

Fincantieri SpA (MIL:FCT) 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.

Fincantieri SpA ROCE % Related Terms

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

Fincantieri SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (MIL:FCT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FNCNF:USA FCTm:UK 0QWN:UK 1F80:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: Shipbuilding encompassing the Cruise Ships, Naval Vessels, and the Accommodation Cluster business areas; Offshore and Specialized vessels encompassing the design and construction of offshore support vessels for offshore wind farms and the oil & gas industry; and Equipment, Systems, and Infrastructure includes Electronics Cluster, Mechatronics Cluster, and Infrastructure Clusterbusiness area. It generates the majority of its revenue from the Shipbuilding segment.