Soges Group SpA (MIL:SOGES) ROCE % : -2.99% (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Soges Group 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. Soges Group SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was -2.99%.

Soges Group SpA ROCE % Historical Data

The historical data trend for Soges Group 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.

Soges Group SpA ROCE % Chart

Soges Group SpA Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

5.71

7.85

0.18

Soges Group SpA Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	-	3.67	10.97	-2.99	1.84

Soges Group SpA ROCE % Calculation

Soges Group 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 )
	=	0.515	/	( ( (9.872 - 4.255)	+	(12.276 - 4.765) )	/ 2 )
	=	0.515	/	( (5.617	+	7.511)	/ 2 )
	=	0.515	/	6.564
	=	7.85 %

Soges Group 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 )
	=	-0.246	/	( ( (12.276 - 4.765)	+	(14.25 - 5.307) )	/ 2 )
	=	-0.246	/	( ( 7.511	+	8.943 )	/ 2 )
	=	-0.246	/	8.227
	=	-2.99 %

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

Soges Group SpA (MIL:SOGES) 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.

Soges Group SpA ROCE % Related Terms

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

Soges Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soges Group SpA (MIL:SOGES) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via dei Caboto 49, Florence, ITA, 50127

Website

https://www.soges-group.com

Soges Group SpA is a company actively engaged in hotel and conference hospitality within prestigious structures. The Company's core business is therefore the acquisition of hotel management with the precise focus of optimizing economic results, repositioning the brand reputation and improving the operational performance of each individual structure that becomes part of the group.

Soges Group SpA Headlines

No Headlines