Ecomiam (XPAR:ALECO) ROCE % : -58.02% (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Ecomiam 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. Ecomiam's annualized ROCE % for the quarter that ended in Sep. 2023 was -58.02%.

Ecomiam ROCE % Historical Data

The historical data trend for Ecomiam'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.

Ecomiam ROCE % Chart

Ecomiam Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

8.24

50.53

11.23

-18.59

-43.99

Ecomiam Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial						8.40	-11.86	-26.98	-31.20	-58.02

Ecomiam ROCE % Calculation

Ecomiam's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-4.979	/	( ( (18.424 - 4.86)	+	(13.335 - 4.261) )	/ 2 )
	=	-4.979	/	( (13.564	+	9.074)	/ 2 )
	=	-4.979	/	11.319
	=	-43.99 %

Ecomiam's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-6.02	/	( ( (18.744 - 7.066)	+	(13.335 - 4.261) )	/ 2 )
	=	-6.02	/	( ( 11.678	+	9.074 )	/ 2 )
	=	-6.02	/	10.376
	=	-58.02 %

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

Ecomiam (XPAR:ALECO) 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.

Ecomiam ROCE % Related Terms

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

Ecomiam (XPAR:ALECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ecomiam SA (XPAR:ALECO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

161 Route de Brest, Zone de Gourvily, Quimper Cedex, FRA

Website

https://www.ecomiam.com

Ecomiam SA is engaged in distribution of frozen products. The company's products include Aperitifs; Meats; Fish & Seafood; Vegetables & Potato; Culinary aids; On the go; Breads & Pastries; Desserts; and Organic.

Ecomiam (XPAR:ALECO) Headlines

No Headlines