Allego NV (STU:JS9) ROCE % : -24.13% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Allego NV 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. Allego NV's annualized ROCE % for the quarter that ended in Dec. 2023 was -24.13%.

Allego NV ROCE % Historical Data

The historical data trend for Allego NV'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.

Allego NV ROCE % Chart

Allego NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-60.45

-34.89

-233.22

-113.62

-23.33

Allego NV Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial								-37.40	-7.82	-22.53	-41.97	-24.13

Allego NV ROCE % Calculation

Allego NV'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 )
	=	-82.736	/	( ( (437.659 - 91.678)	+	(482.318 - 119.113) )	/ 2 )
	=	-82.736	/	( (345.981	+	363.205)	/ 2 )
	=	-82.736	/	354.593
	=	-23.33 %

Allego NV'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-83.288	/	( ( (440.369 - 113.15)	+	(482.318 - 119.113) )	/ 2 )
	=	-83.288	/	( ( 327.219	+	363.205 )	/ 2 )
	=	-83.288	/	345.212
	=	-24.13 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Allego NV (STU:JS9) 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.

Allego NV ROCE % Related Terms

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

Allego NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Allego NV (STU:JS9) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industriepark Kleefse Waard, Westervoortsedijk 73 KB, Arnhem, NLD, 6827 AV

Website

https://www.allego.eu

Allego NV is a provider of electric vehicle charging solutions, dedicated to accelerating the transition to electric mobility with 100% renewable energy. It developed a comprehensive portfolio of innovative charging infrastructure and proprietary software, including its Allamo and EV Cloud software platforms. With a network of 30,000 charging points spanning 16 countries, Allego delivers independent, reliable, and safe charging solutions, agnostic of vehicle model or network affiliation.

Allego NV Headlines

No Headlines