Platform Group AG (XTER:TPG) ROCE % : 36.81% (As of Jun. 2024)

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What is Platform Group 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. Platform Group AG's annualized ROCE % for the quarter that ended in Jun. 2024 was 36.81%.

Platform Group AG ROCE % Historical Data

The historical data trend for Platform Group 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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Platform Group AG ROCE % Chart

Platform Group AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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44.11

13.45

-0.83

14.57

39.37

Platform Group AG Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									-7.89	38.02	67.79	40.20	36.81

Platform Group AG ROCE % Calculation

Platform Group 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 )
	=	38.919	/	( ( (84.19 - 19.436)	+	(284.34 - 151.386) )	/ 2 )
	=	38.919	/	( (64.754	+	132.954)	/ 2 )
	=	38.919	/	98.854
	=	39.37 %

Platform Group AG'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	50.786	/	( ( (284.34 - 151.386)	+	(259.006 - 116.034) )	/ 2 )
	=	50.786	/	( ( 132.954	+	142.972 )	/ 2 )
	=	50.786	/	137.963
	=	36.81 %

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

Platform Group AG (XTER:TPG) 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.

Platform Group AG ROCE % Related Terms

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Platform Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Platform Group AG (XTER:TPG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TPG:Germany TPG:Germany

Address

Schloss Elbroich, Am Falder 4, Dusseldorf, NW, DEU, 40589

Website

https://corporate.the-platform-group.com

Platform Group AG is a dominant platform groups in Europe and uses high quality software solutions to connect partners with eCommerce. The company operates with software-based platform solutions that can be used universally in almost all sectors and industries. The company operates 20 platforms in 18 different sectors, which allow connected partners (retailers and manufacturers) to list their products simultaneously on more than 50 online channels.

Executives

Dominik Pasqual Benner	Board of Directors
Reinhard Hetkamp	CFO
Laura Vogelsang	Board of Directors
Georg Hesse	Board of Directors
Thomas Buhl	Board of Directors