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Daetwyler Holding AG (XSWX:DAE) ROCE % : 12.67% (As of Jun. 2024)


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What is Daetwyler Holding AG 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. Daetwyler Holding AG's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.67%.


Daetwyler Holding AG ROCE % Historical Data

The historical data trend for Daetwyler Holding AG'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.

Daetwyler Holding AG ROCE % Chart

Daetwyler Holding AG 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 -4.91 14.79 15.76 13.05 10.66

Daetwyler Holding AG 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 18.41 16.73 10.94 11.38 12.67

Daetwyler Holding AG ROCE % Calculation

Daetwyler Holding AG'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 )
=106.3/( ( (1299 - 190.2) + (1200.8 - 314.8) )/ 2 )
=106.3/( (1108.8+886)/ 2 )
=106.3/997.4
=10.66 %

Daetwyler Holding AG'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 )
=119.6/( ( (1200.8 - 314.8) + (1180.1 - 178.7) )/ 2 )
=119.6/( ( 886 + 1001.4 )/ 2 )
=119.6/943.7
=12.67 %

(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.


Daetwyler Holding AG  (XSWX:DAE) 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.


Daetwyler Holding AG ROCE % Related Terms

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Daetwyler Holding AG Business Description

Traded in Other Exchanges
Address
Gotthardstrasse 31, Altdorf, CHE, 6460
Daetwyler Holding AG is an international industrial supplier of elastomer products. Elastomer is a rubberlike, flexible material composed of polymers. The company focuses on supplying two markets: healthcare and industrial solutions. The healthcare segment offers components for delivery of injectable drugs and diagnostics in the pharmaceutical and medical markets. The industrial solutions segment manufactures customized system-critical components for applications in the mobility, food and beverage, oil and gas, and general industry markets. In 2020, the company discontinued its electronic and technical components segment with the sale of its distribution companies, Distrelec and Nedis. The majority of revenue comes from Europe, followed by the Americas and Asia and other markets.

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