Kardex Holding AG (Kardex Holding AG) ROCE % : 34.98% (As of Dec. 2023)

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What is Kardex Holding 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. Kardex Holding AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 34.98%.

Kardex Holding AG ROCE % Historical Data

The historical data trend for Kardex Holding 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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Kardex Holding AG ROCE % Chart

Kardex Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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34.11

29.59

28.45

23.27

35.18

Kardex Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															32.56	21.59	27.65	37.30	34.98

Kardex Holding AG ROCE % Calculation

Kardex Holding 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 )
	=	95.202	/	( ( (385.699 - 140.254)	+	(460.414 - 164.558) )	/ 2 )
	=	95.202	/	( (245.445	+	295.856)	/ 2 )
	=	95.202	/	270.6505
	=	35.18 %

Kardex Holding 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	96.402	/	( ( (412.459 - 157.096)	+	(460.414 - 164.558) )	/ 2 )
	=	96.402	/	( ( 255.363	+	295.856 )	/ 2 )
	=	96.402	/	275.6095
	=	34.98 %

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

Kardex Holding AG (OTCPK:KRDXF) 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.

Kardex Holding AG ROCE % Related Terms

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Kardex Holding AG (Kardex Holding AG) Business Description

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KARNz:UK KARN:Switzerland

Address

Thurgauerstrasse 40, Zurich, CHE, 8050

Website

https://www.kardex.com

Kardex Holding AG is engaged in providing automated storage solutions and materials handling systems. It operates in two divisions namely Kardex Remstar and Kardex Mlog. The Kardex Remstar division is active in the development, production, and maintenance of dynamic storage and retrieval systems, and the Kardex Mlog division develops and manufactures integrated materials handling systems and automated high-bay warehouses. It operates in various geographical regions which include Europe, the Americas, Asia/Pacific Middle East and Africa. The group generates the majority of its revenue from the Kardex Remstar segment.

Kardex Holding AG (Kardex Holding AG) Headlines

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