Jungheinrich AG (XTER:JUN3) ROCE % : 9.28% (As of Dec. 2023)

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What is Jungheinrich 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. Jungheinrich AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.28%.

Jungheinrich AG ROCE % Historical Data

The historical data trend for Jungheinrich 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.

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Jungheinrich AG ROCE % Chart

Jungheinrich AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.43

5.77

9.65

9.13

10.12

Jungheinrich AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															10.39	8.45	10.00	11.23	9.28

Jungheinrich AG ROCE % Calculation

Jungheinrich 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 )
	=	437.115	/	( ( (6164.123 - 1982.914)	+	(6909.857 - 2451.445) )	/ 2 )
	=	437.115	/	( (4181.209	+	4458.412)	/ 2 )
	=	437.115	/	4319.8105
	=	10.12 %

Jungheinrich AG'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	402.63	/	( ( (6688 - 2467.7)	+	(6909.857 - 2451.445) )	/ 2 )
	=	402.63	/	( ( 4220.3	+	4458.412 )	/ 2 )
	=	402.63	/	4339.356
	=	9.28 %

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

Jungheinrich AG (XTER:JUN3) 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.

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Jungheinrich AG (XTER:JUN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jungheinrich AG (XTER:JUN3) » Definitions » ROCE %

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Traded in Other Exchanges

0EXP:UK JUN3:Austria

Address

Friedrich-Ebert-Damm 129, Hamburg, DEU, 22047

Website

https://www.jungheinrich.com

Jungheinrich is Europe's second-largest forklift manufacturer with a niche carved out in the retail and wholesale segment, including a stronghold in supermarkets. The company was founded in 1953 by Friedrich Jungheinrich, and control of Jungheinrich remains in his descendants' hands through special voting shares. Globally, Jungheinrich ranks number four behind Toyota and Kion Group, but nearly 90% of its sales comes from Europe, which still accounts for more than 30% of global forklift industry production.

Executives

Wolff Lange	Supervisory Board
Dr. Volker Und Birgit Hues	Board of Directors
Dr. Volker Hues	Board of Directors
Andreas Wolf	Supervisory Board

Jungheinrich AG (XTER:JUN3) Headlines

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