Altri SGPS (XLIS:ALTR) ROCE % : 17.43% (As of Sep. 2024)

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What is Altri SGPS 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. Altri SGPS's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.43%.

Altri SGPS ROCE % Historical Data

The historical data trend for Altri SGPS'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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Altri SGPS ROCE % Chart

Altri SGPS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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2.27

13.26

17.76

6.85

15.61

Altri SGPS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															11.74	13.29	22.56	17.43	9.65

Altri SGPS ROCE % Calculation

Altri SGPS'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 )
	=	76.132	/	( ( (1498.363 - 315.293)	+	(1314.95 - 276.501) )	/ 2 )
	=	76.132	/	( (1183.07	+	1038.449)	/ 2 )
	=	76.132	/	1110.7595
	=	6.85 %

Altri SGPS'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 )
	=	174.472	/	( ( (1259.62 - 232.425)	+	(1302.434 - 327.966) )	/ 2 )
	=	174.472	/	( ( 1027.195	+	974.468 )	/ 2 )
	=	174.472	/	1000.8315
	=	17.43 %

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

Altri SGPS (XLIS:ALTR) 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.

Altri SGPS ROCE % Related Terms

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Altri SGPS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Altri SGPS SA (XLIS:ALTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0DJV:UK ACJ:Germany

Address

Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320

Website

https://www.altri.pt

Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. It focuses on the production of cellulosic fibers through three production units. The company produces cellulosic fibers for various applications, from printing and writing paper to domestic papers and the textile industry. The company generates maximum revenue from Sale of Cellulosic Fiber.