Apator (WAR:APT) ROCE % : -4.64% (As of Dec. 2023)

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What is Apator 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. Apator's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.64%.

Apator ROCE % Historical Data

The historical data trend for Apator'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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Apator ROCE % Chart

Apator Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.61

15.21

14.86

5.32

7.52

Apator Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															6.06	11.68	9.86	11.49	-4.64

Apator ROCE % Calculation

Apator'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 )
	=	45.25	/	( ( (1042.047 - 457.725)	+	(975.198 - 356.069) )	/ 2 )
	=	45.25	/	( (584.322	+	619.129)	/ 2 )
	=	45.25	/	601.7255
	=	7.52 %

Apator'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 )
	=	-29.108	/	( ( (1059.389 - 424.877)	+	(975.198 - 356.069) )	/ 2 )
	=	-29.108	/	( ( 634.512	+	619.129 )	/ 2 )
	=	-29.108	/	626.8205
	=	-4.64 %

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

Apator (WAR:APT) 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.

Apator ROCE % Related Terms

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Apator (WAR:APT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Apator SA (WAR:APT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

8QM:Germany

Address

ul. Gda?ska 4a, lok C4, Torun, POL, 87-100

Website

http://oferta.apator.eu

Apator SA manufactures and sells metering and switchgear equipment in Poland and internationally. Its products include electricity meters, such as smart, electronic, prepayment, and induction meters, as well as smart grid systems comprising remote data read out and prepayment systems; and water meters, heat meters and volume parts for heat meters, heating cost allocators, remote reading systems, installation fittings, test and measurement products, and other products.