Infranor Inter AG (XSWX:INI) ROCE % : 15.72% (As of Apr. 2014)

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

What is Infranor Inter 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. Infranor Inter AG's annualized ROCE % for the quarter that ended in Apr. 2014 was 15.72%.

Infranor Inter AG ROCE % Historical Data

The historical data trend for Infranor Inter 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.

Infranor Inter AG ROCE % Chart

Infranor Inter AG Annual Data

Trend

Apr05

Apr06

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

ROCE %

Get a 7-Day Free Trial

12.77

28.75

21.89

23.43

14.00

Infranor Inter AG Semi-Annual Data
	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14
ROCE %	Get a 7-Day Free Trial			24.26	17.23	36.89	12.99	15.72

Infranor Inter AG ROCE % Calculation

Infranor Inter AG's annualized ROCE % for the fiscal year that ended in Apr. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2014 )		(A: Apr. 2013 )		(A: Apr. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2014 )		(A: Apr. 2013 )		(A: Apr. 2014 )
	=	1.487	/	( ( (30.306 - 19.817)	+	(29.117 - 18.356) )	/ 2 )
	=	1.487	/	( (10.489	+	10.761)	/ 2 )
	=	1.487	/	10.625
	=	14.00 %

Infranor Inter AG's ROCE % of for the quarter that ended in Apr. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2014 )		(Q: Oct. 2013 )		(Q: Apr. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2014 )		(Q: Oct. 2013 )		(Q: Apr. 2014 )
	=	1.638	/	( ( (28.532 - 18.458)	+	(29.117 - 18.356) )	/ 2 )
	=	1.638	/	( ( 10.074	+	10.761 )	/ 2 )
	=	1.638	/	10.4175
	=	15.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2014) EBIT data.

Infranor Inter AG (XSWX:INI) 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.

Infranor Inter AG ROCE % Related Terms

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

Infranor Inter AG (XSWX:INI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Infranor Inter AG (XSWX:INI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.infranor.com

Infranor Inter AG was established in 1941. The Company manufactures & markets solutions for industrial automation. It operates in two divisions: Infranor & Cybelec. Its customers are manufacturers of cables & winding machines, industrial sewing machines, welding assembly robots among others. The Infranor division operates as an industry independent specialist in the general servo and drive technology areas. The Cybelec division provides automation equipment for bending presses including controls, input/output units, fieldbus systems, drives, and motors.

Infranor Inter AG (XSWX:INI) Headlines

No Headlines