Cogra 48 (XPAR:ALCOG) ROCE % : 19.00% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Cogra 48 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. Cogra 48's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.00%.

Cogra 48 ROCE % Historical Data

The historical data trend for Cogra 48'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.

Cogra 48 ROCE % Chart

Cogra 48 Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

8.82

7.13

12.76

16.37

2.63

Cogra 48 Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															22.53	24.57	14.11	19.00	-13.08

Cogra 48 ROCE % Calculation

Cogra 48's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	5.592	/	( ( (39.331 - 6.168)	+	(43.83 - 8.682) )	/ 2 )
	=	5.592	/	( (33.163	+	35.148)	/ 2 )
	=	5.592	/	34.1555
	=	16.37 %

Cogra 48'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 )
	=	6.824	/	( ( (43.83 - 8.682)	+	(44.663 - 7.988) )	/ 2 )
	=	6.824	/	( ( 35.148	+	36.675 )	/ 2 )
	=	6.824	/	35.9115
	=	19.00 %

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

Cogra 48 (XPAR:ALCOG) 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.

Cogra 48 ROCE % Related Terms

Thank you for viewing the detailed overview of Cogra 48's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cogra 48 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cogra 48 (XPAR:ALCOG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zone de Gardès, Mende, FRA, 48000

Website

http://www.cogra.fr

Cogra 48 is engaged in manufacturing of wood pellets in France.

Cogra 48 Headlines

No Headlines