GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Interparfums (XPAR:ITP) » Definitions » ROCE %

Interparfums (XPAR:ITP) ROCE % : 25.40% (As of Jun. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Interparfums 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. Interparfums's annualized ROCE % for the quarter that ended in Jun. 2024 was 25.40%.


Interparfums ROCE % Historical Data

The historical data trend for Interparfums'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.

Interparfums ROCE % Chart

Interparfums Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.62 9.33 17.57 19.36 22.59

Interparfums Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.19 17.91 29.01 16.82 25.40

Interparfums ROCE % Calculation

Interparfums's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=170.705/( ( (987.977 - 247.703) + (968.193 - 196.993) )/ 2 )
=170.705/( (740.274+771.2)/ 2 )
=170.705/755.737
=22.59 %

Interparfums'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: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=193.114/( ( (968.193 - 196.993) + (951.695 - 202.568) )/ 2 )
=193.114/( ( 771.2 + 749.127 )/ 2 )
=193.114/760.1635
=25.40 %

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


Interparfums  (XPAR:ITP) 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.


Interparfums ROCE % Related Terms

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


Interparfums Business Description

Traded in Other Exchanges
Address
10 rue de Solferino, Paris, FRA, 75007
Interparfums is a France-based company that is principally engaged in producing and distributing perfume and cosmetic products under license agreements with luxury brands in the apparel, jewelry, and accessories sectors. The brands include Montblanc, Lanvin, Jimmy Choo, Karl Lagerfeld, Van Cleef & Arpels, Boucheron, Coach, Paul Smith, Repetto, Rochas, and S.T. Dupont. The company outsources the production process to manufacturing partners and distributes the products worldwide. The company generates the majority of its revenue from the overseas market, with Europe, America, and Asia the core markets.

Interparfums Headlines