Eduniversal (XPAR:MLEDU) ROCE % : 7.14% (As of Sep. 2023)

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What is Eduniversal 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. Eduniversal's annualized ROCE % for the quarter that ended in Sep. 2023 was 7.14%.

Eduniversal ROCE % Historical Data

The historical data trend for Eduniversal'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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Eduniversal ROCE % Chart

Eduniversal Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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16.95

5.99

40.25

8.77

7.14

Eduniversal Semi-Annual Data
	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
ROCE %	Get a 7-Day Free Trial			16.95	5.99	40.25	8.77	7.14

Eduniversal ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	0.35	/	( ( (8.961 - 4.039)	+	(9.566 - 4.689) )	/ 2 )
	=	0.35	/	( (4.922	+	4.877)	/ 2 )
	=	0.35	/	4.8995
	=	7.14 %

Eduniversal's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	0.35	/	( ( (8.961 - 4.039)	+	(9.566 - 4.689) )	/ 2 )
	=	0.35	/	( ( 4.922	+	4.877 )	/ 2 )
	=	0.35	/	4.8995
	=	7.14 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2023) EBIT data.

Eduniversal (XPAR:MLEDU) 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.

Eduniversal ROCE % Related Terms

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Eduniversal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eduniversal SA (XPAR:MLEDU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18/20 Avenue Gabriel Peri, Montreuil sous Bois, Paris, FRA, 93100

Website

http://www.eduniversal-ranking.com

Eduniversal SA specializes in educational, university, and professional orientation consulting services. The company also publishes and distributes specialized guides.

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