Fazerles AD (XBUL:FZLS) ROCE % : -4.96% (As of Sep. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Fazerles AD 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. Fazerles AD's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.96%.

Fazerles AD ROCE % Historical Data

The historical data trend for Fazerles AD'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.

Fazerles AD ROCE % Chart

Fazerles AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-0.40

0.19

2.60

4.77

-4.87

Fazerles AD 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															-9.84	-7.95	-3.51	-5.17	-4.96

Fazerles AD ROCE % Calculation

Fazerles AD'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 )
	=	-1.066	/	( ( (24.839 - 2.167)	+	(21.842 - 0.778) )	/ 2 )
	=	-1.066	/	( (22.672	+	21.064)	/ 2 )
	=	-1.066	/	21.868
	=	-4.87 %

Fazerles AD'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 )
	=	-1.012	/	( ( (21.329 - 0.756)	+	(21.048 - 0.85) )	/ 2 )
	=	-1.012	/	( ( 20.573	+	20.198 )	/ 2 )
	=	-1.012	/	20.3855
	=	-4.96 %

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

Fazerles AD (XBUL:FZLS) 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.

Fazerles AD ROCE % Related Terms

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

Fazerles AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Fazerles AD (XBUL:FZLS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Promishlena zona Zapad, Silistra, BGR

Website

http://www.fazerles.com

Fazerles AD manufactures hardboard panels in Bulgaria. The products of the company are used for the furniture industry, metal industry, packaging industry, glass and food industry, automotive industry, and construction industry. The products of the company are sold in Europe, Asia, Africa, and America.

Fazerles AD Headlines

No Headlines