Euro-Tax pl (WAR:ETX) ROCE % : 222.91% (As of Dec. 2024)

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What is Euro-Tax pl 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. Euro-Tax pl's annualized ROCE % for the quarter that ended in Dec. 2024 was 222.91%.

Euro-Tax pl ROCE % Historical Data

The historical data trend for Euro-Tax pl'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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Euro-Tax pl ROCE % Chart

Euro-Tax pl Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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14.27

107.05

86.94

101.55

26.92

Euro-Tax pl Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															266.45	-85.61	-38.23	105.67	222.91

Euro-Tax pl ROCE % Calculation

Euro-Tax pl's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1.199	/	( ( (18.913 - 13.917)	+	(16.591 - 12.678) )	/ 2 )
	=	1.199	/	( (4.996	+	3.913)	/ 2 )
	=	1.199	/	4.4545
	=	26.92 %

Euro-Tax pl's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	7.064	/	( ( (16.035 - 13.61)	+	(16.591 - 12.678) )	/ 2 )
	=	7.064	/	( ( 2.425	+	3.913 )	/ 2 )
	=	7.064	/	3.169
	=	222.91 %

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

Euro-Tax pl (WAR:ETX) 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.

Euro-Tax pl ROCE % Related Terms

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Euro-Tax pl Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Euro-Tax pl SA (WAR:ETX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Szelagowska 25/2-3, Poznan, POL, 61-626

Website

https://www.euro-tax-sa.pl

Euro-Tax pl SA is a financial service provider for the polish emigrants. The company offers tax assessment and repayment services through recruitment and employment agencies. It also invests in the development of IT systems and the improvement of customer service processes.

Euro-Tax pl Headlines

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