Altran Technologies (XPAR:ALTNV) ROCE % : 4.47% (As of Jun. 2019)

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What is Altran Technologies 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. Altran Technologies's annualized ROCE % for the quarter that ended in Jun. 2019 was 4.47%.

Altran Technologies ROCE % Historical Data

The historical data trend for Altran Technologies'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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Altran Technologies ROCE % Chart

Altran Technologies Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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13.30

13.33

15.34

17.32

7.84

Altran Technologies Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
ROCE %	Get a 7-Day Free Trial															13.92	20.07	3.54	7.88	4.47

Altran Technologies ROCE % Calculation

Altran Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	184.028	/	( ( (2350.89 - 1314.799)	+	(4661.855 - 1005.331) )	/ 2 )
	=	184.028	/	( (1036.091	+	3656.524)	/ 2 )
	=	184.028	/	2346.3075
	=	7.84 %

Altran Technologies's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	166.716	/	( ( (4661.855 - 1005.331)	+	(4854.675 - 1044.991) )	/ 2 )
	=	166.716	/	( ( 3656.524	+	3809.684 )	/ 2 )
	=	166.716	/	3733.104
	=	4.47 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2019) EBIT data.

Altran Technologies (XPAR:ALTNV) 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.

Altran Technologies ROCE % Related Terms

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Altran Technologies Business Description

Industry

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Traded in Other Exchanges

N/A

Address

96 avenue Charles de Gaulle, Neuilly-sur-Seine, FRA, 92200

Website

http://www.altran.com

Altran Technologies offers engineering consulting services for the creation and development of new products and services. The company focuses on the Aerospace, Defense, Railways, Automotive, Energy, Nuclear, Healthcare, Telecoms and Finance sectors. Altran is an international company with operations across Europe, Asia and the United States. The company's revenue is divided into two segments: engineering & R&D and organization & IT systems consulting. The engineering and R&D segment accounts for the majority of the company's revenue. Geographically, Altran earns most of its revenue in Europe with an emphasis on revenue from France.

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