Sulzer AG (Sulzer AG) ROCE % : 16.39% (As of Dec. 2023)

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What is Sulzer 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. Sulzer AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.39%.

Sulzer AG ROCE % Historical Data

The historical data trend for Sulzer 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.

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Sulzer AG ROCE % Chart

Sulzer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.32

4.28

7.03

5.11

15.10

Sulzer 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															7.78	-0.37	11.63	13.43	16.39

Sulzer AG ROCE % Calculation

Sulzer 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 )
	=	386.795	/	( ( (4959.425 - 2407.578)	+	(5052.613 - 2481.036) )	/ 2 )
	=	386.795	/	( (2551.847	+	2571.577)	/ 2 )
	=	386.795	/	2561.712
	=	15.10 %

Sulzer 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 )
	=	418.132	/	( ( (5041.426 - 2510.884)	+	(5052.613 - 2481.036) )	/ 2 )
	=	418.132	/	( ( 2530.542	+	2571.577 )	/ 2 )
	=	418.132	/	2551.0595
	=	16.39 %

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

Sulzer AG (OTCPK:SULZF) 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.

Sulzer AG ROCE % Related Terms

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Sulzer AG (Sulzer AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sulzer AG (OTCPK:SULZF) » Definitions » ROCE %

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SUNz:UK 0QQ9:UK SUN:Switzerland

Address

Neuwiesenstrasse 15, Winterthur, CHE, 8401

Website

https://www.sulzer.com

Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.

Sulzer AG (Sulzer AG) Headlines

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Full Year 2023 Sulzer AG Earnings Call Transcript

By GuruFocus Research • 02-28-2024