SIMAT (XPAR:MLMAT) ROCE % : 10.96% (As of Dec. 2017)

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What is SIMAT 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. SIMAT's annualized ROCE % for the quarter that ended in Dec. 2017 was 10.96%.

SIMAT ROCE % Historical Data

The historical data trend for SIMAT'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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SIMAT ROCE % Chart

SIMAT Annual Data

Trend

Dec16

Dec17

ROCE %

10.96

SIMAT Semi-Annual Data
	Dec16	Dec17
ROCE %	-	10.96

SIMAT ROCE % Calculation

SIMAT's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	1.353	/	( ( (0 - 0)	+	(54.003 - 41.661) )	/ 1 )
	=	1.353	/	( (0	+	12.342)	/ 1 )
	=	1.353	/	12.342
	=	10.96 %

SIMAT's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2017 )		(Q: Dec. 2016 )		(Q: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2017 )		(Q: Dec. 2016 )		(Q: Dec. 2017 )
	=	1.353	/	( ( (0 - 0)	+	(54.003 - 41.661) )	/ 1 )
	=	1.353	/	( ( 0	+	12.342 )	/ 1 )
	=	1.353	/	12.342
	=	10.96 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2017) EBIT data.

SIMAT (XPAR:MLMAT) 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.

SIMAT ROCE % Related Terms

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SIMAT (XPAR:MLMAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SIMAT (XPAR:MLMAT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.I. Vridi 15 Rue des Petroliers, 15 BP 648, Région des lagunes, Abidjan, CIV, 15

Website

https://www.simat.ci

SIMAT operates in the fields of transport auxiliaries while offering a range of integrated services for global services and personalized monitoring of its customers. Its services include handling, transportation, transit, and consignment.

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