Softing AG (XTER:SYT) ROCE % : -6.49% (As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Softing 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. Softing AG's annualized ROCE % for the quarter that ended in Sep. 2024 was -6.49%.

Softing AG ROCE % Historical Data

The historical data trend for Softing 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.

* Premium members only.

Softing AG ROCE % Chart

Softing AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.42

-5.62

0.76

-0.18

-3.24

Softing AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															11.68	-40.43	2.65	-4.34	-6.49

Softing AG ROCE % Calculation

Softing 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 )
	=	-2.604	/	( ( (110.448 - 25.41)	+	(103.059 - 27.45) )	/ 2 )
	=	-2.604	/	( (85.038	+	75.609)	/ 2 )
	=	-2.604	/	80.3235
	=	-3.24 %

Softing 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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-5.096	/	( ( (109.6 - 27.802)	+	(108.896 - 33.699) )	/ 2 )
	=	-5.096	/	( ( 81.798	+	75.197 )	/ 2 )
	=	-5.096	/	78.4975
	=	-6.49 %

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

Softing AG (XTER:SYT) 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.

Softing AG ROCE % Related Terms

Thank you for viewing the detailed overview of Softing AG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Softing AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softing AG (XTER:SYT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SYT:Germany SYT:Germany

Address

Richard-Reitzner-Allee 6, Haar, BY, DEU, 85540

Website

https://company.softing.com

Softing AG is engaged in developing software, hardware, and system solutions. The business operates in segments namely, Industrial, Automotive, and IT Networks. The Industrial segment which derives the majority of revenue engages in the provision of industrial communications solutions and products for the manufacturing and process industry. The Automotive segment stands for key technologies in automotive electronics as well as such closely related areas in electronics as the commercial vehicle or agricultural machinery industry. The IT Networks segment is engaged in testing, qualifying, and certifying cabling in IT systems. Geographically, it derives the majority of its revenue from the USA.

Executives