NH Hotel Group (XMAD:NHH) ROCE % : 10.69% (As of Dec. 2023)

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What is NH Hotel Group 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. NH Hotel Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.69%.

NH Hotel Group ROCE % Historical Data

The historical data trend for NH Hotel Group'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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NH Hotel Group ROCE % Chart

NH Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.07

-10.37

-0.62

7.99

9.44

NH Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															5.94	3.31	12.63	8.19	10.69

NH Hotel Group ROCE % Calculation

NH Hotel Group'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 )
	=	318.33	/	( ( (4109.299 - 777.678)	+	(4202.626 - 789.829) )	/ 2 )
	=	318.33	/	( (3331.621	+	3412.797)	/ 2 )
	=	318.33	/	3372.209
	=	9.44 %

NH Hotel Group'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	362.396	/	( ( (4214.779 - 850.025)	+	(4202.626 - 789.829) )	/ 2 )
	=	362.396	/	( ( 3364.754	+	3412.797 )	/ 2 )
	=	362.396	/	3388.7755
	=	10.69 %

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

NH Hotel Group (XMAD:NHH) 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.

NH Hotel Group ROCE % Related Terms

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NH Hotel Group (XMAD:NHH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NH Hotel Group SA (XMAD:NHH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NHHEF:USA NH5:Germany

Address

Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003

Website

https://www.nh-hoteles.es

NH Hotel Group SA is a Spanish owner and operator of hotels. The company reports turnover across four segments: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy represents more than half consolidated turnover, with catering the next largest contributor. Hotel occupancy and catering together represent the vast majority of the company's turnover. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.

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