Allerthal-Werke AG (STU:ATW) ROCE % : -1.49% (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Allerthal-Werke 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. Allerthal-Werke AG's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.49%.

Allerthal-Werke AG ROCE % Historical Data

The historical data trend for Allerthal-Werke 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.

Allerthal-Werke AG ROCE % Chart

Allerthal-Werke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.49

22.65

12.88

3.46

5.41

Allerthal-Werke AG 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															4.38	0.45	6.50	12.15	-1.49

Allerthal-Werke AG ROCE % Calculation

Allerthal-Werke 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 )
	=	1.498	/	( ( (28.069 - 0.799)	+	(28.241 - 0.173) )	/ 2 )
	=	1.498	/	( (27.27	+	28.068)	/ 2 )
	=	1.498	/	27.669
	=	5.41 %

Allerthal-Werke AG'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 )
	=	-0.424	/	( ( (29.917 - 0.887)	+	(28.241 - 0.173) )	/ 2 )
	=	-0.424	/	( ( 29.03	+	28.068 )	/ 2 )
	=	-0.424	/	28.549
	=	-1.49 %

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

Allerthal-Werke AG (STU:ATW) 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.

Allerthal-Werke AG ROCE % Related Terms

Thank you for viewing the detailed overview of Allerthal-Werke AG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Allerthal-Werke AG (STU:ATW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allerthal-Werke AG (STU:ATW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Friesenstrasse 50, Cologne, DEU, 50670

Website

https://www.allerthal.de

Allerthal-Werke AG is an investment holding company with business operations located in Germany. The company will typically invest in common stock share classes and second-line stocks.