GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Inter Cars SA (WAR:CAR) » Definitions » ROCE %

Inter Cars (WAR:CAR) ROCE % : 18.14% (As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Inter Cars 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. Inter Cars's annualized ROCE % for the quarter that ended in Sep. 2024 was 18.14%.


Inter Cars ROCE % Historical Data

The historical data trend for Inter Cars'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.

Inter Cars ROCE % Chart

Inter Cars Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.37 15.49 24.19 22.47 18.39

Inter Cars Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.56 11.88 14.96 17.30 18.14

Inter Cars ROCE % Calculation

Inter Cars'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 )
=1042.765/( ( (8034.046 - 2821.493) + (9271.136 - 3143.903) )/ 2 )
=1042.765/( (5212.553+6127.233)/ 2 )
=1042.765/5669.893
=18.39 %

Inter Cars's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=1214.2/( ( (9900.317 - 3319.799) + (10600.049 - 3791.417) )/ 2 )
=1214.2/( ( 6580.518 + 6808.632 )/ 2 )
=1214.2/6694.575
=18.14 %

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

* 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.


Inter Cars  (WAR:CAR) 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.


Inter Cars ROCE % Related Terms

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


Inter Cars Business Description

Traded in Other Exchanges
Address
Ul Powsinska 64, Warsaw, POL, 02-903
Inter Cars SA is engaged in the import and distribution of spare parts and tyres for passenger cars and utility vehicles. The company's product offerings include Spare parts for passenger cars, Spare parts for commercial vehicles and buses, tyres, batteries, lubricants, garage equipment, motorcycles, and parts, Accessories, and other sales - services.