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thyssenkrupp nucera AG (XTER:NCH2) ROCE % : 2.54% (As of Sep. 2024)


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What is thyssenkrupp nucera 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. thyssenkrupp nucera AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.54%.


thyssenkrupp nucera AG ROCE % Historical Data

The historical data trend for thyssenkrupp nucera 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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thyssenkrupp nucera AG ROCE % Chart

thyssenkrupp nucera AG Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
13.74 12.61 4.71 7.15 1.54

thyssenkrupp nucera AG Semi-Annual Data
Sep20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial 2.85 16.10 6.67 0.57 2.54

thyssenkrupp nucera AG ROCE % Calculation

thyssenkrupp nucera AG's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=12/( ( (1150 - 377) + (1261 - 480) )/ 2 )
=12/( (773+781)/ 2 )
=12/777
=1.54 %

thyssenkrupp nucera AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=19.6/( ( (1185.6 - 424.8) + (1261 - 480) )/ 2 )
=19.6/( ( 760.8 + 781 )/ 2 )
=19.6/770.9
=2.54 %

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

* 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.


thyssenkrupp nucera AG  (XTER:NCH2) 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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thyssenkrupp nucera AG Business Description

Traded in Other Exchanges
Address
Freie-Vogel-Strabe 385 a, Dortmund, NW, DEU, 44269
thyssenkrupp nucera AG & Co is a provider of technologies for high-efficiency electrolysis plants. Its green hydrogen technology enables customers to minimize their carbon footprint and transform their operations into net zero. The company is a technology leader in the chlor-alkali sector. Its experience in the chlor-alkali business stretches over five decades, providing a basis for the development and upscaling of its alkaline water electrolysis (AWE) business. AWE is an industrial-scale green hydrogen production technology for the company. It enables customers to produce large volumes of hydrogen with a standardized modular approach at the cost of ownership. The company has five geographical segments; Germany, Italy, Japan, China and Rest of the world.
Executives
Dr. Werner Ponikwar Board of Directors
Dr. Arno Pfannschmidt Board of Directors
Prof. Dr. Franca Ruhwedel Supervisory Board
Fulvio Federico Board of Directors

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