Wacker Chemie AG (XTER:WCH) ROCE % : 3.16% (As of Jun. 2024)

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What is Wacker Chemie 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. Wacker Chemie AG's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.16%.

Wacker Chemie AG ROCE % Historical Data

The historical data trend for Wacker Chemie 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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Wacker Chemie AG ROCE % Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-8.94

4.50

18.10

24.00

6.31

Wacker Chemie AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															31.60	17.13	9.23	3.51	3.16

Wacker Chemie AG ROCE % Calculation

Wacker Chemie 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 )
	=	459.6	/	( ( (9401.4 - 1927.3)	+	(8854.4 - 1763) )	/ 2 )
	=	459.6	/	( (7474.1	+	7091.4)	/ 2 )
	=	459.6	/	7282.75
	=	6.31 %

Wacker Chemie 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 )
	=	231.2	/	( ( (8854.4 - 1763)	+	(9020.7 - 1492.9) )	/ 2 )
	=	231.2	/	( ( 7091.4	+	7527.8 )	/ 2 )
	=	231.2	/	7309.6
	=	3.16 %

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

Wacker Chemie AG (XTER:WCH) 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.

Wacker Chemie AG ROCE % Related Terms

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Wacker Chemie AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wacker Chemie AG (XTER:WCH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WKCMF:USA 1WCH:Italy WCHd:UK 0NR4:UK WCH:Austria

Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

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