Le Belier (XPAR:BELI) ROCE % : 0.38% (As of Jun. 2020)

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What is Le Belier 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. Le Belier's annualized ROCE % for the quarter that ended in Jun. 2020 was 0.38%.

Le Belier ROCE % Historical Data

The historical data trend for Le Belier'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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Le Belier ROCE % Chart

Le Belier Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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20.52

14.51

15.55

13.36

6.93

Le Belier Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
ROCE %	Get a 7-Day Free Trial															16.74	10.64	7.51	6.25	0.38

Le Belier ROCE % Calculation

Le Belier's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	18.534	/	( ( (394.8 - 128.927)	+	(400.58 - 131.901) )	/ 2 )
	=	18.534	/	( (265.873	+	268.679)	/ 2 )
	=	18.534	/	267.276
	=	6.93 %

Le Belier's ROCE % of for the quarter that ended in Jun. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2020 )		(Q: Dec. 2019 )		(Q: Jun. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2020 )		(Q: Dec. 2019 )		(Q: Jun. 2020 )
	=	0.96	/	( ( (400.58 - 131.901)	+	(337.035 - 94.528) )	/ 2 )
	=	0.96	/	( ( 268.679	+	242.507 )	/ 2 )
	=	0.96	/	255.593
	=	0.38 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2020) EBIT data.

Le Belier (XPAR:BELI) 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.

Le Belier ROCE % Related Terms

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Le Belier (XPAR:BELI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Le Belier SA (XPAR:BELI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plantier de la Reine, BP 103, Verac, FRA, 33240

Website

http://www.lebelier.com

Le Belier SA is a France-based company engaged in manufacturing of aluminum safety-related parts for the automotive industry. It operates through three segments: Foundry services, Machining and Tool-making. The Foundry services cover the transformation of casting a liquid metal into a mold to reproduce specific parts, while the Machining division produces high precision mechanical parts with tolerances in microns and the Tool-making division designs and produces foundry tools. It offers products such as braking systems, turbo systems, suspension and chassis parts which are sold to auto component suppliers such as Delphi, Bosch, Valio and others.

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