GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sonagi SGPS SA (XLIS:SNG) » Definitions » ROCE %

Sonagi SGPS (XLIS:SNG) ROCE % : 1.04% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Sonagi 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. Sonagi SGPS's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.04%.


Sonagi SGPS ROCE % Historical Data

The historical data trend for Sonagi 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.

* Premium members only.

Sonagi SGPS ROCE % Chart

Sonagi SGPS 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 8.20 7.61 14.61 -20.41 1.04

Sonagi SGPS Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 8.20 7.61 14.61 -20.41 1.04

Sonagi SGPS ROCE % Calculation

Sonagi 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 )
=1.254/( ( (162.528 - 5.55) + (94.283 - 10.947) )/ 2 )
=1.254/( (156.978+83.336)/ 2 )
=1.254/120.157
=1.04 %

Sonagi SGPS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=1.254/( ( (162.528 - 5.55) + (94.283 - 10.947) )/ 2 )
=1.254/( ( 156.978 + 83.336 )/ 2 )
=1.254/120.157
=1.04 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) 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.


Sonagi SGPS  (XLIS:SNG) 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.


Sonagi SGPS ROCE % Related Terms

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


Sonagi SGPS Business Description

Traded in Other Exchanges
N/A
Address
Avenida Fontes Pereira de Melo 14-7, Lisboa, PRT, 1050-121
Sonagi SGPS SA is a real estate company that operates in investment, asset management, and real estate development. The company has invested in a diversified portfolio of real estate comprising offices, residential, retail, and industrial properties.

Sonagi SGPS Headlines

No Headlines