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RNMBF (Rheinmetall AG) ROCE % : 17.63% (As of Sep. 2024)


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What is Rheinmetall AG 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. Rheinmetall AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.63%.

Rheinmetall AG ROCE % Historical Data

The historical data trend for Rheinmetall AG'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.

Rheinmetall AG ROCE % Chart

Rheinmetall AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.77 9.45 13.46 16.45 17.55

Rheinmetall AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.37 35.73 7.15 15.24 17.63

Rheinmetall AG ROCE % Calculation

Rheinmetall AG'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 )
=1009.815/( ( (8576.271 - 3882.415) + (12766.63 - 5953.108) )/ 2 )
=1009.815/( (4693.856+6813.522)/ 2 )
=1009.815/5753.689
=17.55 %

Rheinmetall AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=1220.864/( ( (13311.087 - 6623.251) + (13855.716 - 6697.003) )/ 2 )
=1220.864/( ( 6687.836 + 7158.713 )/ 2 )
=1220.864/6923.2745
=17.63 %

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

* 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.

Rheinmetall AG  (OTCPK:RNMBF) 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.

Rheinmetall AG ROCE % Related Terms

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Rheinmetall AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rheinmetall AG (OTCPK:RNMBF) » Definitions » ROCE %
Comparable Companies
XTER:MTX XTER:HAG XTER:OHB FRA:65F GE RTX LMT XPAR:AIR BA XPAR:SAF GD NOC TDG LSE:RR. LSE:BA. AXON HWM LHX HEI.A BOM:541154
Traded in Other Exchanges
RNMBY:USA 1RHM:Italy RHMd:UK 0NI1:UK RHMB:Germany RHM:Germany RHMB:Germany RHMB:Germany RHM:Germany RHM:Germany RHM:Germany RHM:Austria
Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Website
https://www.rheinmetall.com
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

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