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Agria Group Hol (XBUL:AGH) ROCE % : 13.67% (As of Sep. 2024)


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What is Agria Group Hol 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. Agria Group Hol's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.67%.

Agria Group Hol ROCE % Historical Data

The historical data trend for Agria Group Hol'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.

Agria Group Hol ROCE % Chart

Agria Group Hol 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 7.94 7.17 12.90 27.85 11.74

Agria Group Hol 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 40.71 -6.06 -1.75 7.24 13.67

Agria Group Hol ROCE % Calculation

Agria Group Hol'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 )
=44.063/( ( (498.097 - 152.218) + (659.973 - 255.052) )/ 2 )
=44.063/( (345.879+404.921)/ 2 )
=44.063/375.4
=11.74 %

Agria Group Hol'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 )
=57.432/( ( (699.923 - 281.848) + (751.732 - 329.829) )/ 2 )
=57.432/( ( 418.075 + 421.903 )/ 2 )
=57.432/419.989
=13.67 %

(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.

Agria Group Hol  (XBUL:AGH) 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.

Agria Group Hol ROCE % Related Terms

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Agria Group Hol Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Agria Group Hol (XBUL:AGH) » Definitions » ROCE %
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XBUL:CHIM XBUL:IHB XBUL:HRZ XBUL:SLYG ADX:IHC HON TSE:6501 MMM TSE:8058 TSE:8001 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8053 TSE:8002 TSE:4901 MIL:PST HKSE:00001 OSTO:LATO B BSP:ITSA3
Traded in Other Exchanges
N/A
Address
111 Knyaz Boris I Boulevard, 9th Floor, Dimyat Business Center, Primorski District, Varna, BGR, 9002
Website
https://www.agriabg.com
Agria Group Hol is an investment holding company. The company divisions include Agribusiness which involves the purchase and lease of agricultural land, cultivation of cereals and oilseeds, and construction of irrigation systems; Storage and processing of agricultural products including construction and management of modern granaries; Trade and export and Renewable energy sources.