Pozzi Milano SpA (MIL:POZ) ROCE % : 12.42% (As of Jun. 2024)

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What is Pozzi Milano 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. Pozzi Milano SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.42%.

Pozzi Milano SpA ROCE % Historical Data

The historical data trend for Pozzi Milano 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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Pozzi Milano SpA ROCE % Chart

Pozzi Milano SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

10.71

22.29

24.73

17.33

Pozzi Milano SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			30.42	22.10	20.30	15.04	12.42

Pozzi Milano SpA ROCE % Calculation

Pozzi Milano 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 )
	=	1.612	/	( ( (16.088 - 7.228)	+	(14.415 - 4.673) )	/ 2 )
	=	1.612	/	( (8.86	+	9.742)	/ 2 )
	=	1.612	/	9.301
	=	17.33 %

Pozzi Milano 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 )
	=	1.216	/	( ( (14.415 - 4.673)	+	(14.758 - 4.925) )	/ 2 )
	=	1.216	/	( ( 9.742	+	9.833 )	/ 2 )
	=	1.216	/	9.7875
	=	12.42 %

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

Pozzi Milano SpA (MIL:POZ) 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.

Pozzi Milano SpA ROCE % Related Terms

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Pozzi Milano SpA Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Fornaci 4/AB, Monticelli Brusati, ITA, 25040

Website

https://www.pozzimilano.com

Pozzi Milano SpA operates in the table art sector. The group creates medium-high level Themed Tableware collections and gift items.

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