Zenitel NV (XBRU:ZENT) ROCE % : 18.28% (As of Dec. 2020)

View and export this data going back to 1990. Start your Free Trial

What is Zenitel 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. Zenitel NV's annualized ROCE % for the quarter that ended in Dec. 2020 was 18.28%.

Zenitel NV ROCE % Historical Data

The historical data trend for Zenitel 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.

* Premium members only.

Zenitel NV ROCE % Chart

Zenitel NV Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

Get a 7-Day Free Trial

9.58

11.46

12.09

11.95

22.49

Zenitel NV Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
ROCE %	Get a 7-Day Free Trial															11.48	14.03	9.60	28.34	18.28

Zenitel NV ROCE % Calculation

Zenitel NV's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	8.432	/	( ( (59.114 - 24.184)	+	(61.199 - 21.16) )	/ 2 )
	=	8.432	/	( (34.93	+	40.039)	/ 2 )
	=	8.432	/	37.4845
	=	22.49 %

Zenitel NV's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2020 )		(Q: Jun. 2020 )		(Q: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2020 )		(Q: Jun. 2020 )		(Q: Dec. 2020 )
	=	6.896	/	( ( (58.932 - 23.513)	+	(61.199 - 21.16) )	/ 2 )
	=	6.896	/	( ( 35.419	+	40.039 )	/ 2 )
	=	6.896	/	37.729
	=	18.28 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2020) EBIT data.

Zenitel NV (XBRU:ZENT) 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.

Zenitel NV ROCE % Related Terms

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

Zenitel NV (XBRU:ZENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zenitel NV (XBRU:ZENT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.1 Research Park Zellik 110, Zellik, BEL, 1731

Website

https://www.zenitel.com

Zenitel NV operates in the onshore and offshore secure communications market. It offers integrated security communications solutions under its VingtorStentofon brand. Zenitel products include intercom, public address, 2-way radio systems, sound reception system, and IT/IP solutions. The company serves a diverse range of markets, including building security and public safety, transportation, industrial, oil and gas, and maritime. Its geographical segments are Belgium, Norway, Singapore, Finland, France, the United States, and other foreign countries. The majority of its revenue is derived from Norway.

Zenitel NV (XBRU:ZENT) Headlines

No Headlines