Sogefi SpA (STU:GEF) ROCE % : 10.12% (As of Mar. 2024)

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What is Sogefi SpA 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. Sogefi SpA's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.12%.

Sogefi SpA ROCE % Historical Data

The historical data trend for Sogefi SpA'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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Sogefi SpA ROCE % Chart

Sogefi SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.85

1.04

8.54

10.06

16.29

Sogefi SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.65	27.80	18.80	11.10	10.12

Sogefi SpA ROCE % Calculation

Sogefi SpA'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 )
	=	112.852	/	( ( (1199.788 - 487.183)	+	(1145.289 - 471.997) )	/ 2 )
	=	112.852	/	( (712.605	+	673.292)	/ 2 )
	=	112.852	/	692.9485
	=	16.29 %

Sogefi SpA's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	66.4	/	( ( (1145.289 - 471.997)	+	(1194 - 554.6) )	/ 2 )
	=	66.4	/	( ( 673.292	+	639.4 )	/ 2 )
	=	66.4	/	656.346
	=	10.12 %

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

Sogefi SpA (STU:GEF) 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.

Sogefi SpA ROCE % Related Terms

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Sogefi SpA (STU:GEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sogefi SpA (STU:GEF) » Definitions » ROCE %

Comparable Companies

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SGF:Italy 0NV0:UK GEF:Germany

Address

Via Ciovassino 1/A, Milan, ITA, 20121

Website

https://www.sogefigroup.com

Sogefi SpA supplies original parts for the automotive industry. It develops filtration systems, flexible suspension components, air management and engine cooling systems. The company offers its products under Allevard rejna, coopers fiaam, fram, lp-dn, purflux, sidergarda mollificio bresciano, sogefi pro, united springs brands. It has three segments: Air and cooling, Filtration and Suspensions. Air and cooling unit cover engineering and manufacturing of plastic automotive components. Filtration unit encompasses the production of filter products including oil, diesel, petrol, air and cabin air filters for the original equipment market and also provides filtration modules. Suspension unit includes manufacturing of automotive and industrial products for automotive and industrial markets.