GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nexeya S.A. (XPAR:ALNEX) » Definitions » ROCE %

Nexeya S.A. (XPAR:ALNEX) ROCE % : 12.42% (As of Jun. 2014)


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

What is Nexeya S.A. 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. Nexeya S.A.'s annualized ROCE % for the quarter that ended in Jun. 2014 was 12.42%.


Nexeya S.A. ROCE % Historical Data

The historical data trend for Nexeya S.A.'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.

Nexeya S.A. ROCE % Chart

Nexeya S.A. Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
ROCE %
Get a 7-Day Free Trial 11.33 11.61 9.71 -14.43 12.17

Nexeya S.A. Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
ROCE % Get a 7-Day Free Trial Premium Member Only 11.47 9.32 -39.43 11.53 12.42

Nexeya S.A. ROCE % Calculation

Nexeya S.A.'s annualized ROCE % for the fiscal year that ended in Jun. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=7.911/( ( (117.538 - 52.326) + (111.799 - 46.962) )/ 2 )
=7.911/( (65.212+64.837)/ 2 )
=7.911/65.0245
=12.17 %

Nexeya S.A.'s ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=8.192/( ( (111.063 - 43.935) + (111.799 - 46.962) )/ 2 )
=8.192/( ( 67.128 + 64.837 )/ 2 )
=8.192/65.9825
=12.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2014) EBIT data.

* 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.


Nexeya S.A.  (XPAR:ALNEX) 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.


Nexeya S.A. ROCE % Related Terms

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


Nexeya S.A. Business Description

Traded in Other Exchanges
N/A
Address
Nexeya SA provides industrial and technical computer engineering services. The Company assists its clients in designing, developing, installing, and maintaining their products and industrial tools.

Nexeya S.A. Headlines

No Headlines