ABO Energy GmbH KGaA (XTER:AB9) ROCE % : 9.62% (As of Jun. 2024)

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What is ABO Energy GmbH KGaA 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. ABO Energy GmbH KGaA's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.62%.

ABO Energy GmbH KGaA ROCE % Historical Data

The historical data trend for ABO Energy GmbH KGaA'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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ABO Energy GmbH KGaA ROCE % Chart

ABO Energy GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.76

10.86

9.35

13.26

11.66

ABO Energy GmbH KGaA 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															9.94	16.61	8.38	14.48	9.62

ABO Energy GmbH KGaA ROCE % Calculation

ABO Energy GmbH KGaA'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 )
	=	49.033	/	( ( (451.264 - 60.85)	+	(493.945 - 42.981) )	/ 2 )
	=	49.033	/	( (390.414	+	450.964)	/ 2 )
	=	49.033	/	420.689
	=	11.66 %

ABO Energy GmbH KGaA'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 )
	=	47.554	/	( ( (493.945 - 42.981)	+	(588.754 - 51.39) )	/ 2 )
	=	47.554	/	( ( 450.964	+	537.364 )	/ 2 )
	=	47.554	/	494.164
	=	9.62 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

ABO Energy GmbH KGaA (XTER:AB9) 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.

ABO Energy GmbH KGaA ROCE % Related Terms

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ABO Energy GmbH KGaA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ABO Energy GmbH & Co KGaA (XTER:AB9) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unter den Eichen 7, Wiesbaden, HE, DEU, 65195

Website

https://www.aboenergy.com

ABO Energy GmbH & Co KGaA develops and builds wind and solar farms as well as battery and hydrogen projects worldwide. It monitor, manage, maintain, and repair renewable energy plants with more than 2,500 megawatts of capacity.

Executives

Dr. Jochen Ahn	Board of Directors
Matthias Bockholt	Board of Directors
Matthias Hollmann	Board of Directors

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