Parlem Telecom Companyia De Telecomunicacions (XMAD:PAR) ROCE % : 9.23% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Parlem Telecom Companyia De Telecomunicacions 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. Parlem Telecom Companyia De Telecomunicacions's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.23%.

Parlem Telecom Companyia De Telecomunicacions ROCE % Historical Data

The historical data trend for Parlem Telecom Companyia De Telecomunicacions'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.

Parlem Telecom Companyia De Telecomunicacions ROCE % Chart

Parlem Telecom Companyia De Telecomunicacions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-12.32

4.34

-17.08

-27.37

-7.73

Parlem Telecom Companyia De Telecomunicacions Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-15.89	-28.91	-38.65	-22.84	9.23

Parlem Telecom Companyia De Telecomunicacions ROCE % Calculation

Parlem Telecom Companyia De Telecomunicacions'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 )
	=	-2.08	/	( ( (46.075 - 17.023)	+	(43.614 - 18.842) )	/ 2 )
	=	-2.08	/	( (29.052	+	24.772)	/ 2 )
	=	-2.08	/	26.912
	=	-7.73 %

Parlem Telecom Companyia De Telecomunicacions'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 )
	=	2.488	/	( ( (45.355 - 16.222)	+	(43.614 - 18.842) )	/ 2 )
	=	2.488	/	( ( 29.133	+	24.772 )	/ 2 )
	=	2.488	/	26.9525
	=	9.23 %

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

Parlem Telecom Companyia De Telecomunicacions (XMAD:PAR) 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.

Parlem Telecom Companyia De Telecomunicacions ROCE % Related Terms

Thank you for viewing the detailed overview of Parlem Telecom Companyia De Telecomunicacions's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Parlem Telecom Companyia De Telecomunicacions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Parlem Telecom Companyia De Telecomunicacions SA (XMAD:PAR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/ Alaba, 61, 2n, 1a, Barcelona, ESP, 08005

Website

https://www.parlem.com

Parlem Telecom Companyia De Telecomunicacions SA is the telecommunications operator. It offers comprehensive mobile, internet, landline and television services and aspires to provide service to customers in any corner of the world to both individuals and companies.