Gibus SpA (MIL:GBUS) ROCE % : 17.65% (As of Jun. 2024)

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What is Gibus 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. Gibus SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was 17.65%.

Gibus SpA ROCE % Historical Data

The historical data trend for Gibus 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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Gibus SpA ROCE % Chart

Gibus SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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28.69

33.77

68.72

42.23

15.73

Gibus SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									63.38	39.78	22.60	7.78	17.65

Gibus SpA ROCE % Calculation

Gibus 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 )
	=	10.855	/	( ( (105.528 - 38.583)	+	(94.841 - 23.805) )	/ 2 )
	=	10.855	/	( (66.945	+	71.036)	/ 2 )
	=	10.855	/	68.9905
	=	15.73 %

Gibus 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 )
	=	11.536	/	( ( (94.841 - 23.805)	+	(95.263 - 35.561) )	/ 2 )
	=	11.536	/	( ( 71.036	+	59.702 )	/ 2 )
	=	11.536	/	65.369
	=	17.65 %

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

Gibus SpA (MIL:GBUS) 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.

Gibus SpA ROCE % Related Terms

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Gibus SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Gibus SpA (MIL:GBUS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via L. Enaudi 35, Saccolongo, Padova, ITA, 35030

Website

https://www.gibus.com

Gibus SpA is engaged in the manufacturing, marketing, and installation of curtains and awnings for houses. The company also provides bioclimatic pergolas, shade blinds, zippers, etc. Geographically, the company derives a majority of its revenue from Italy and the rest from other parts of the European Union, and other regions.

Gibus SpA Headlines

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