Tecma Solutions SpA (MIL:TCM) ROCE % : -44.58% (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Tecma Solutions 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. Tecma Solutions SpA's annualized ROCE % for the quarter that ended in Jun. 2023 was -44.58%.

Tecma Solutions SpA ROCE % Historical Data

The historical data trend for Tecma Solutions 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.

Tecma Solutions SpA ROCE % Chart

Tecma Solutions SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

44.28

55.24

11.29

-3.54

-40.01

Tecma Solutions SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial					6.73	-13.42	-23.82	-45.65	-44.58

Tecma Solutions SpA ROCE % Calculation

Tecma Solutions SpA's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-7.618	/	( ( (23.244 - 3.919)	+	(23.925 - 5.172) )	/ 2 )
	=	-7.618	/	( (19.325	+	18.753)	/ 2 )
	=	-7.618	/	19.039
	=	-40.01 %

Tecma Solutions SpA's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-8.36	/	( ( (23.925 - 5.172)	+	(0 - 0) )	/ 1 )
	=	-8.36	/	( ( 18.753	+	0 )	/ 1 )
	=	-8.36	/	18.753
	=	-44.58 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Tecma Solutions SpA (MIL:TCM) 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.

Tecma Solutions SpA ROCE % Related Terms

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

Tecma Solutions SpA (MIL:TCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tecma Solutions SpA (MIL:TCM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Medardo Rosso, 5, Milano, ITA

Website

https://www.tecmasolutions.com

Tecma Solutions SpA is focused on the residential real estate market. The company provides architectural services, engineering services, marketing services, communication services, and design services.

Tecma Solutions SpA (MIL:TCM) Headlines

No Headlines