Grolleau (XPAR:ALGRO) ROCE % : -2.91% (As of Jun. 2024)

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What is Grolleau 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. Grolleau's annualized ROCE % for the quarter that ended in Jun. 2024 was -2.91%.

Grolleau ROCE % Historical Data

The historical data trend for Grolleau'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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Grolleau ROCE % Chart

Grolleau Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

ROCE %

70.92

31.63

-5.09

4.02

Grolleau Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Jun24
ROCE %	Get a 7-Day Free Trial				3.52	4.79	-3.98	-8.93	-2.91

Grolleau ROCE % Calculation

Grolleau's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	0.683	/	( ( (20.519 - 7.109)	+	(30.032 - 9.459) )	/ 2 )
	=	0.683	/	( (13.41	+	20.573)	/ 2 )
	=	0.683	/	16.9915
	=	4.02 %

Grolleau's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Sep. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Sep. 2023 )		(Q: Jun. 2024 )
	=	-0.502	/	( ( (39.728 - 24.533)	+	(35.438 - 16.097) )	/ 2 )
	=	-0.502	/	( ( 15.195	+	19.341 )	/ 2 )
	=	-0.502	/	17.268
	=	-2.91 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Grolleau (XPAR:ALGRO) 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.

Grolleau ROCE % Related Terms

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Grolleau Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grolleau SA (XPAR:ALGRO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rue du Moulin de la Buie, Montilliers, FRA

Website

https://www.grolleau.fr

Grolleau SA is specialized in the design, manufacture and marketing of metal cabinets for use in utility infrastructure such as telecommunications, green energy, industries and others.

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