Eramet (XPAR:ERA) ROCE % : 7.09% (As of Dec. 2024)

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What is Eramet 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. Eramet's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.09%.

Eramet ROCE % Historical Data

The historical data trend for Eramet'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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Eramet ROCE % Chart

Eramet Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.72

22.20

29.99

5.69

4.50

Eramet Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															12.44	5.56	5.85	1.42	7.09

Eramet ROCE % Calculation

Eramet's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	231	/	( ( (6276 - 1751)	+	(6464 - 725) )	/ 2 )
	=	231	/	( (4525	+	5739)	/ 2 )
	=	231	/	5132
	=	4.50 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	392	/	( ( (6798 - 1479)	+	(6464 - 725) )	/ 2 )
	=	392	/	( ( 5319	+	5739 )	/ 2 )
	=	392	/	5529
	=	7.09 %

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

Eramet (XPAR:ERA) 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.

Eramet ROCE % Related Terms

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Eramet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eramet SA (XPAR:ERA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ERMAY:USA ERMAF:USA ERAp:UK 0MGV:UK ER7:Germany ERAM:Austria

Address

10 Boulevard de Grenelle, CS 63205, Paris, FRA, 75015

Website

https://www.eramet.com

Eramet SA is a French mining and metallurgical company focused on the extraction, production, and sale of alloying metals, principally Manganese, Nickel, Mineral Sands, and Lithium. The company is also engaged in the production and transformation of alloys. Manganese constitutes nearly half of Eramet's revenue, followed by Nickel. Geographically, the majority of the company's revenue is generated from Asia and the rest from Europe, North America, France, and other regions.