Finlogic SpA (MIL:FNL) ROCE % : 16.77% (As of Dec. 2022)

View and export this data going back to 2017. Start your Free Trial

What is Finlogic 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. Finlogic SpA's annualized ROCE % for the quarter that ended in Dec. 2022 was 16.77%.

Finlogic SpA ROCE % Historical Data

The historical data trend for Finlogic 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.

Finlogic SpA ROCE % Chart

Finlogic SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

17.81

16.65

13.99

14.13

18.02

Finlogic SpA Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
ROCE %	Get a 7-Day Free Trial										15.43	15.05	13.58	18.53	16.77

Finlogic SpA ROCE % Calculation

Finlogic SpA's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	6.864	/	( ( (47.352 - 12.574)	+	(63.382 - 21.978) )	/ 2 )
	=	6.864	/	( (34.778	+	41.404)	/ 2 )
	=	6.864	/	38.091
	=	18.02 %

Finlogic SpA's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	6.812	/	( ( (62.754 - 22.899)	+	(63.382 - 21.978) )	/ 2 )
	=	6.812	/	( ( 39.855	+	41.404 )	/ 2 )
	=	6.812	/	40.6295
	=	16.77 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Finlogic SpA (MIL:FNL) 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.

Finlogic SpA ROCE % Related Terms

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

Finlogic SpA (MIL:FNL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.I. Lotto 16 Via Calabria, Acquaviva delle Fonti, Bologna, ITA, 70021

Website

http://www.finlogic.it

Finlogic SpA is engaged in the design and manufacture of products for the foodstuffs, logistics, pharmaceutical, healthcare and cosmetics sectors. It offers labelling production for all production businesses.

Finlogic SpA (MIL:FNL) Headlines

No Headlines