Alefarm Brewing A/S (OCSE:ALEFRM) ROCE % : -22.81% (As of Dec. 2023)

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What is Alefarm Brewing A/S 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. Alefarm Brewing A/S's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.81%.

Alefarm Brewing A/S ROCE % Historical Data

The historical data trend for Alefarm Brewing A/S'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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Alefarm Brewing A/S ROCE % Chart

Alefarm Brewing A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-11.30

-24.00

-13.05

-26.14

-23.61

Alefarm Brewing A/S Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					-18.07	-22.13	-28.95	-24.57	-22.81

Alefarm Brewing A/S ROCE % Calculation

Alefarm Brewing A/S'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 )
	=	-3.331	/	( ( (16.229 - 0.351)	+	(12.889 - 0.545) )	/ 2 )
	=	-3.331	/	( (15.878	+	12.344)	/ 2 )
	=	-3.331	/	14.111
	=	-23.61 %

Alefarm Brewing A/S'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 )
	=	-2.998	/	( ( (14.515 - 0.567)	+	(12.889 - 0.545) )	/ 2 )
	=	-2.998	/	( ( 13.948	+	12.344 )	/ 2 )
	=	-2.998	/	13.146
	=	-22.81 %

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

Alefarm Brewing A/S (OCSE:ALEFRM) 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.

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Alefarm Brewing A/S (OCSE:ALEFRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Alefarm Brewing A/S (OCSE:ALEFRM) » Definitions » ROCE %

Traded in Other Exchanges

902:Germany

Address

Lunikvej 2B, Greve Municipality, DNK, DK-2670

Website

https://www.alefarm.dk

Alefarm Brewing A/S is a family-run craft brewery with a focus on modern hoppy offerings, a wide array of unique, flavorful farmhouse ales and full-bodied stouts, rich in flavor and character. The company's products include beers of various flavors.

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