Eurolandorate (XPAR:MLERO) ROCE % : 8.98% (As of Dec. 2023)

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What is Eurolandorate 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. Eurolandorate's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.98%.

Eurolandorate ROCE % Historical Data

The historical data trend for Eurolandorate'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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Eurolandorate ROCE % Chart

Eurolandorate Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.89

33.22

46.52

41.28

8.98

Eurolandorate Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial			14.89	33.22	46.52	41.28	8.98

Eurolandorate ROCE % Calculation

Eurolandorate'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 )
	=	0.26	/	( ( (4.159 - 1.069)	+	(3.654 - 0.951) )	/ 2 )
	=	0.26	/	( (3.09	+	2.703)	/ 2 )
	=	0.26	/	2.8965
	=	8.98 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	0.26	/	( ( (4.159 - 1.069)	+	(3.654 - 0.951) )	/ 2 )
	=	0.26	/	( ( 3.09	+	2.703 )	/ 2 )
	=	0.26	/	2.8965
	=	8.98 %

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

Eurolandorate (XPAR:MLERO) 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.

Eurolandorate ROCE % Related Terms

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Eurolandorate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Euroland Corporate SA (XPAR:MLERO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17, Avenue George V, Paris, FRA, 75008

Website

http://www.euroland-finance.com

Euroland Corporate SA provides financial services. The company helps in raising capital through, IPO, acquisition or sale, recomposition of capital, among others.

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