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be AG (WBO:BEAG) ROCE % : 3.55% (As of Dec. 2023)


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What is be 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. be AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.55%.

be AG ROCE % Historical Data

The historical data trend for be 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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be AG ROCE % Chart

be AG Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
11.41 8.75 3.55

be AG Semi-Annual Data
Dec21 Dec22 Dec23
ROCE % 11.41 8.75 3.55

be AG ROCE % Calculation

be 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 )
=2.454/( ( (89.326 - 23.041) + (94.764 - 22.694) )/ 2 )
=2.454/( (66.285+72.07)/ 2 )
=2.454/69.1775
=3.55 %

be 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: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=2.454/( ( (89.326 - 23.041) + (94.764 - 22.694) )/ 2 )
=2.454/( ( 66.285 + 72.07 )/ 2 )
=2.454/69.1775
=3.55 %

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

be AG  (WBO:BEAG) 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.

be AG ROCE % Related Terms

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be AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » be AG (WBO:BEAG) » Definitions » ROCE %
Comparable Companies
WBO:RAT WBO:KTCG WBO:HUS XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J XKRX:028260 SHSE:601186 XMAD:ACS FIX ACM XPAR:EN XTER:HOT SHSE:601669
Traded in Other Exchanges
N/A
Address
Millennium Park 20, Lustenau, AUT, 6890
Website
https://www.be-ag.eu
be AG is engaged in the management and acquisition of participations as well as the management of intellectual property rights, provision of high-quality architectural planning services, marketing of the innovative house without heating 2226 building concept.
Executives
Dietmar Eberle Supervisory Board
Stefan Ruedl Board of Directors
Peter Simma Supervisory Board