Hydratec Industries NV (XAMS:HYDRA) ROCE % : 20.19% (As of Jun. 2024)

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What is Hydratec Industries NV 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. Hydratec Industries NV's annualized ROCE % for the quarter that ended in Jun. 2024 was 20.19%.

Hydratec Industries NV ROCE % Historical Data

The historical data trend for Hydratec Industries NV'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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Hydratec Industries NV ROCE % Chart

Hydratec Industries NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.16

4.79

21.67

20.59

20.04

Hydratec Industries NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															13.70	28.16	11.72	28.68	20.19

Hydratec Industries NV ROCE % Calculation

Hydratec Industries NV'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 )
	=	22.339	/	( ( (240.319 - 132.946)	+	(220.92 - 105.356) )	/ 2 )
	=	22.339	/	( (107.373	+	115.564)	/ 2 )
	=	22.339	/	111.4685
	=	20.04 %

Hydratec Industries NV's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	23.34	/	( ( (220.92 - 105.356)	+	(208.104 - 92.446) )	/ 2 )
	=	23.34	/	( ( 115.564	+	115.658 )	/ 2 )
	=	23.34	/	115.611
	=	20.19 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Hydratec Industries NV (XAMS:HYDRA) 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.

Hydratec Industries NV ROCE % Related Terms

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Hydratec Industries NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hydratec Industries NV (XAMS:HYDRA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Spoetnik 20, Amersfoort, UT, NLD, 3824 MG

Website

http://www.hydratec.nl

Hydratec Industries NV is an industrial holding company that supplies high-quality industrial systems and components. The business activity of the group includes designing, developing, and producing agricultural and food equipment; and plastics-parts and packaging products. Geographically, the company generates the majority of its revenue from the Netherlands. The company has two operating segments Industrial Systems and Hightech Components. The Industrial Systems take a project-based approach, entire industrial systems are manufactured under their own brand names in the Industrial Systems segment. Hightech Components: structural plastic components are developed and produced in the Hightech Components segment.

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