Gefran SpA (MIL:GE) ROCE % : 11.48% (As of Sep. 2024)

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What is Gefran 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. Gefran SpA's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.48%.

Gefran SpA ROCE % Historical Data

The historical data trend for Gefran 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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Gefran SpA ROCE % Chart

Gefran SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.77

7.37

14.52

16.98

15.32

Gefran SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															9.33	10.97	16.51	15.89	11.48

Gefran SpA ROCE % Calculation

Gefran 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 )
	=	17.245	/	( ( (154.264 - 50.73)	+	(165.184 - 43.519) )	/ 2 )
	=	17.245	/	( (103.534	+	121.665)	/ 2 )
	=	17.245	/	112.5995
	=	15.32 %

Gefran SpA's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	13.904	/	( ( (163.392 - 42.682)	+	(161.101 - 39.602) )	/ 2 )
	=	13.904	/	( ( 120.71	+	121.499 )	/ 2 )
	=	13.904	/	121.1045
	=	11.48 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Gefran SpA (MIL:GE) 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.

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Gefran SpA Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

GF7:Germany

Address

Via Sebina, 74, Provaglio d\'Iseo, Brescia, ITA, 25050

Website

https://www.gefran.com

Gefran SpA operates in two business divisions including industrial sensors, and automation components. The sensors business offers a complete for measuring four physical parameters position, pressure, force, and temperature. The electronic automation components business is divided into three product lines: instrumentation, power controllers, and automation platforms. It generates the majority of the revenue from sensors. It has a geographical presence in Italy, the European Union, North America, South America, and the Rest of the World.