Mutares SE KGaA (XTER:MUX) ROCE % : 3.53% (As of Jun. 2024)

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What is Mutares SE 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. Mutares SE KGaA's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.53%.

Mutares SE KGaA ROCE % Historical Data

The historical data trend for Mutares SE 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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Mutares SE KGaA ROCE % Chart

Mutares SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.44

7.22

42.27

-0.12

23.12

Mutares SE KGaA Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															81.66	-12.07	36.81	-21.40	3.53

Mutares SE KGaA ROCE % Calculation

Mutares SE 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 )
	=	447.9	/	( ( (3029.6 - 1499.6)	+	(4348.7 - 2004.1) )	/ 2 )
	=	447.9	/	( (1530	+	2344.6)	/ 2 )
	=	447.9	/	1937.3
	=	23.12 %

Mutares SE 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: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	82.4	/	( ( (4247.3 - 1877.5)	+	(4356 - 2058) )	/ 2 )
	=	82.4	/	( ( 2369.8	+	2298 )	/ 2 )
	=	82.4	/	2333.9
	=	3.53 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Mutares SE KGaA (XTER:MUX) 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.

Mutares SE KGaA ROCE % Related Terms

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Mutares SE KGaA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mutares SE & Co KGaA (XTER:MUX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MUX:Germany MUX:Germany MUX:Germany

Address

Arnulfstrasse 19, Munich, DEU, 80335

Website

https://www.mutares.de

Mutares SE & Co KGaA is a holding company. Its primary business is to acquire small and medium-sized companies in special situations. The company's operating segment includes the Automotive & Mobility segment includes the acquired companies that are engaged in the supplying of rubber mouldings, components for commercial vehicles, and others; the Engineering and Technology segment includes acquired companies that are engaged in the supplying of coating for oil and gas pipelines, components for increasing efficiency, provider of steel structures, roof and facade systems, and others; Goods and services segment includes acquired companies that are engaged in the manufacturing of packaging solutions, iron wire, paper household products, and logistics services.

Executives

Johannes Laumann	Board of Directors
Mark Friedrich	Board of Directors
Herr Volker Rofalski	Supervisory Board
Dr. Lennart Schley	Board of Directors
Dr. Axel Müller	Supervisory Board
Robin Laik	Board of Directors
Julia Und Mark Friedrich	Board of Directors
Dr. Kristian Schleede	Supervisory Board
Prof. Dr. Micha Bloching	Supervisory Board