ParTec AG (XTER:JY0) ROCE % : 11.51% (As of Jun. 2024)

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What is ParTec 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. ParTec AG's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.51%.

ParTec AG ROCE % Historical Data

The historical data trend for ParTec 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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ParTec AG ROCE % Chart

ParTec AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

57.55

46.25

-33.50

ParTec AG Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Jun24
ROCE %	-	-	-	-	11.51

ParTec AG ROCE % Calculation

ParTec 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 )
	=	-12.955	/	( ( (74.999 - 36.24)	+	(81.79 - 43.205) )	/ 2 )
	=	-12.955	/	( (38.759	+	38.585)	/ 2 )
	=	-12.955	/	38.672
	=	-33.50 %

ParTec 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 )
	=	6.908	/	( ( (81.79 - 43.205)	+	(81.993 - 0.5) )	/ 2 )
	=	6.908	/	( ( 38.585	+	81.493 )	/ 2 )
	=	6.908	/	60.039
	=	11.51 %

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

ParTec AG (XTER:JY0) 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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ParTec AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ParTec AG (XTER:JY0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Possartstr. 20, Munich, BY, DEU, D-81679

Website

https://www.par-tec.com

ParTec AG develops and supplies super and quantum computers as well as operating software, including consulting and support services, which is used for the development, construction and operation of state-of-the-art high-performance computers (HPC) and quantum computers (QC).

Executives

Bernhard Frohwitter

Board of Directors

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