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Finanza.tech SpA (MIL:FTC) ROCE % : 11.47% (As of Jun. 2024)


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What is Finanza.tech 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. Finanza.tech SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.47%.

Finanza.tech SpA ROCE % Historical Data

The historical data trend for Finanza.tech 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.

Finanza.tech SpA ROCE % Chart

Finanza.tech SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
57.91 19.35 10.33 2.65 12.67

Finanza.tech SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.47 -8.48 28.03 -3.13 11.47

Finanza.tech SpA ROCE % Calculation

Finanza.tech 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 )
=1.058/( ( (10.351 - 2.242) + (15.707 - 7.118) )/ 2 )
=1.058/( (8.109+8.589)/ 2 )
=1.058/8.349
=12.67 %

Finanza.tech 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 )
=1.016/( ( (15.707 - 7.118) + (14.437 - 5.303) )/ 2 )
=1.016/( ( 8.589 + 9.134 )/ 2 )
=1.016/8.8615
=11.47 %

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

Finanza.tech SpA  (MIL:FTC) 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.

Finanza.tech SpA ROCE % Related Terms

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Finanza.tech SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finanza.tech SpA (MIL:FTC) » Definitions » ROCE %
Comparable Companies
MIL:FFF MIL:EPRB LSE:EXPN VRSK EFX XSWX:SGSN XPAR:BVI BAH TSE:6532 FCN ASX:ALQ XSWX:DKSH SZSE:300012 HURN XPAR:IPS LSE:DATA ICFI SZSE:002967 CRAI DGNX
Traded in Other Exchanges
N/A
Address
Via Santa Maria Fulcorina, 19, Milan, ITA, 20123
Website
https://www.finanza.tech
Finanza.tech SpA is a fintech operator. It provides consultancy activities in extraordinary finance operations and support for ordinary corporate financial management.