Raba Automotive Holding (STU:RMV1) ROCE % : 2.60% (As of Jun. 2024)

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What is Raba Automotive Holding 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. Raba Automotive Holding's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.60%.

Raba Automotive Holding ROCE % Historical Data

The historical data trend for Raba Automotive Holding'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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Raba Automotive Holding ROCE % Chart

Raba Automotive Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.18

-2.24

6.12

6.13

6.15

Raba Automotive Holding Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															19.95	4.81	-1.12	1.36	2.60

Raba Automotive Holding ROCE % Calculation

Raba Automotive Holding'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 )
	=	5.794	/	( ( (152.49 - 54.844)	+	(140.068 - 49.311) )	/ 2 )
	=	5.794	/	( (97.646	+	90.757)	/ 2 )
	=	5.794	/	94.2015
	=	6.15 %

Raba Automotive Holding's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	2.364	/	( ( (144.384 - 53.278)	+	(141.166 - 50.723) )	/ 2 )
	=	2.364	/	( ( 91.106	+	90.443 )	/ 2 )
	=	2.364	/	90.7745
	=	2.60 %

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

Raba Automotive Holding (STU:RMV1) 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.

Raba Automotive Holding ROCE % Related Terms

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Raba Automotive Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Raba Automotive Holding PLC (STU:RMV1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RABA:Hungary

Address

Martin ut 1, Gyor, HUN, 9027

Website

https://www.raba.hu

Raba Automotive Holding PLC operates in the automotive industry which operates in three divisions namely the Axle business unit, the Vehicle business unit, and the Automotive components business unit. The Axle segment comprises the manufacturing and sale of axles, parts, and components. The Vehicles segment includes the manufacturing of truck and bus undercarriages and related components, as well as the assembly and sale of vehicles. The parts components segment includes the manufacturing and sale of spare parts, seat frames, pressed frameworks and truck undercarriages, and sewing seat upholstery. Its products are installed in medium- and heavy-duty trucks, military trucks, buses, and others. The company generates a majority of its revenue from the Parts business segment.

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