Metall Zug (Metall Zug) ROCE % : 4.88% (As of Dec. 2023)

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What is Metall Zug 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. Metall Zug's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.88%.

Metall Zug ROCE % Historical Data

The historical data trend for Metall Zug'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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Metall Zug ROCE % Chart

Metall Zug Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.17

2.77

10.97

26.42

6.24

Metall Zug Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															9.37	10.79	43.51	7.44	4.88

Metall Zug ROCE % Calculation

Metall Zug'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 )
	=	37.486	/	( ( (752.672 - 176.899)	+	(798.636 - 173.647) )	/ 2 )
	=	37.486	/	( (575.773	+	624.989)	/ 2 )
	=	37.486	/	600.381
	=	6.24 %

Metall Zug's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	29.694	/	( ( (785.719 - 192.724)	+	(798.636 - 173.647) )	/ 2 )
	=	29.694	/	( ( 592.995	+	624.989 )	/ 2 )
	=	29.694	/	608.992
	=	4.88 %

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

Metall Zug (OTCPK:MTLZF) 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.

Metall Zug ROCE % Related Terms

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Metall Zug (Metall Zug) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Metall Zug Ltd (OTCPK:MTLZF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0QLX:UK METN:Switzerland

Address

Industriestrasse 66, Zug, CHE, 6302

Website

http://www.metallzug.ch

Metall Zug Ltd is engaged in the industrial sector. The company is organized, into five business segments namely; Wire Processing that provides wire processing equipment, test systems, software and services; Medical Devices that provides products and services for diagnosis and surgery, mainly in the fields of ophthalmology and surgical microscopy; Infection Control that provides Equipment for hospitals, as well as services and other products; Technologycluster & Infrastructure Management and development of real estate; and Others.

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