TMP Group SpA (MIL:TMP) ROCE % : 0.00% (As of Jun. 2024)

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What is TMP 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. TMP Group SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

TMP Group SpA ROCE % Historical Data

The historical data trend for TMP 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.

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TMP Group SpA ROCE % Chart

TMP Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

46.26

44.75

-17.62

TMP Group SpA Quarterly Data
	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			42.93	38.49	-	-	-

TMP Group SpA ROCE % Calculation

TMP 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 )
	=	-0.806	/	( ( (6.195 - 3.209)	+	(9.448 - 3.285) )	/ 2 )
	=	-0.806	/	( (2.986	+	6.163)	/ 2 )
	=	-0.806	/	4.5745
	=	-17.62 %

TMP 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	/	( ( (9.448 - 3.285)	+	(9.075 - 2.374) )	/ 2 )
	=	0	/	( ( 6.163	+	6.701 )	/ 2 )
	=	0	/	6.432
	=	0.00 %

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

TMP Group SpA (MIL:TMP) 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.

TMP Group SpA ROCE % Related Terms

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TMP Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TMP Group SpA (MIL:TMP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tortona, 27, Milan, ITA, 20144

Website

https://www.tmpgroup.it

TMP Group SpA operates as a media company. It supports companies in the Manufactory, Fin-tech, Sport, and Fashion and Design industries in the management of positioning projects, business innovation, identity, and digital transformation through Digital Marketing, Experience and Events, Production, and Metaverse and NFT activities.