Syzygy AG (XTER:SYZ) ROCE % : 11.55% (As of Mar. 2024)

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What is Syzygy 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. Syzygy AG's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.55%.

Syzygy AG ROCE % Historical Data

The historical data trend for Syzygy 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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Syzygy AG ROCE % Chart

Syzygy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.43

4.70

7.40

-7.33

-1.82

Syzygy AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															10.48	-22.73	8.17	-2.87	11.55

Syzygy AG ROCE % Calculation

Syzygy 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 )
	=	-1.12	/	( ( (99.211 - 33.714)	+	(87.302 - 29.606) )	/ 2 )
	=	-1.12	/	( (65.497	+	57.696)	/ 2 )
	=	-1.12	/	61.5965
	=	-1.82 %

Syzygy AG's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	6.764	/	( ( (87.302 - 29.606)	+	(84.448 - 25.033) )	/ 2 )
	=	6.764	/	( ( 57.696	+	59.415 )	/ 2 )
	=	6.764	/	58.5555
	=	11.55 %

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

Syzygy AG (XTER:SYZ) 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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Syzygy AG (XTER:SYZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Syzygy AG (XTER:SYZ) » Definitions » ROCE %

Comparable Companies

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SYZ:Germany SYZ:Germany SYZ:Germany

Address

Horexstrasse 28, Bad Homburg V.D.H., HE, DEU, 61352

Website

https://www.syzygy.net

Syzygy AG is a Germany-based company. It is a provider of creative, technological, and media services for digital marketing. It acts as a management holding company that provides its subsidiaries with central services relating to design, planning, technology development, accounting, information technology infrastructure, and finance. The company receives maximum revenue from the product areas of online marketing and design and technical realization. Geographically, Germany accounts to the majority of the revenue of the firm.

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