SFHLF (SAF Holland SE) ROCE % : 11.68% (As of Sep. 2024)

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What is SAF Holland SE 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. SAF Holland SE's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.68%.

SAF Holland SE ROCE % Historical Data

The historical data trend for SAF Holland SE'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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SAF Holland SE ROCE % Chart

SAF Holland SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.52

4.29

8.87

10.30

13.16

SAF Holland SE 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															16.81	7.36	15.70	15.06	11.68

SAF Holland SE ROCE % Calculation

SAF Holland SE'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 )
	=	172.769	/	( ( (1587.313 - 358.998)	+	(1801.242 - 404.519) )	/ 2 )
	=	172.769	/	( (1228.315	+	1396.723)	/ 2 )
	=	172.769	/	1312.519
	=	13.16 %

SAF Holland SE'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 )
	=	163.996	/	( ( (1846.807 - 479.209)	+	(1863.271 - 422.471) )	/ 2 )
	=	163.996	/	( ( 1367.598	+	1440.8 )	/ 2 )
	=	163.996	/	1404.199
	=	11.68 %

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

SAF Holland SE (OTCPK:SFHLF) 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.

SAF Holland SE ROCE % Related Terms

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SAF Holland SE Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SAF Holland SE (OTCPK:SFHLF) » Definitions » ROCE %

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Address

Hauptstrasse 26, Bessenbach, BY, DEU, D-63856

Website

https://www.safholland.com

SAF Holland SE is a manufacturer of chassis-related systems and components for trailers, trucks, and buses. The product range comprises axle and suspension systems, fifth wheels, kingpins and landing gear and is marketed under the brands SAF, Holland, V.Orlandi, Neway, KLL, V.ORLANDI, and York. It operates through EMEA, Americas and APAC segments. The company generates the majority of its revenue from the EMEA region.