Netfonds AG (XTER:NF4) ROCE % : 3.83% (As of Dec. 2023)

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What is Netfonds 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. Netfonds AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.83%.

Netfonds AG ROCE % Historical Data

The historical data trend for Netfonds 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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Netfonds AG ROCE % Chart

Netfonds AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.47

4.03

29.62

7.27

3.83

Netfonds AG Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial			4.47	4.03	29.62	7.27	3.83

Netfonds AG ROCE % Calculation

Netfonds 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 )
	=	1.306	/	( ( (63.665 - 30.235)	+	(72.257 - 37.564) )	/ 2 )
	=	1.306	/	( (33.43	+	34.693)	/ 2 )
	=	1.306	/	34.0615
	=	3.83 %

Netfonds 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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	1.306	/	( ( (63.665 - 30.235)	+	(72.257 - 37.564) )	/ 2 )
	=	1.306	/	( ( 33.43	+	34.693 )	/ 2 )
	=	1.306	/	34.0615
	=	3.83 %

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

Netfonds AG (XTER:NF4) 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.

Netfonds AG ROCE % Related Terms

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Netfonds AG Business Description

Industry

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Comparable Companies

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NF4:Germany NF4:Germany

Address

Heidenkampsweg 73, Hamburg, NW, DEU, 20097

Website

https://www.netfonds.de

Netfonds AG is a service provider in the areas of finance and insurance. The company offers investment and financial advice to agents, banks, and financial distributors. Netfonds is a well-established concept for independent consultants and insurance brokers. As a broker pool, liability umbrella, multiple agents, asset manager, fund manager, and product provider, Netfonds offers a broad range of services so that advice can become a real added value for the customer. The range of services includes legal and regulatory services in the investment fund, insurance, pension, and financing product categories.

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