Publicis Groupe (Publicis Groupe) ROCE % : 13.34% (As of Dec. 2023)

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What is Publicis Groupe 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. Publicis Groupe's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.34%.

Publicis Groupe ROCE % Historical Data

The historical data trend for Publicis Groupe'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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Publicis Groupe ROCE % Chart

Publicis Groupe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.24

7.68

10.53

11.92

12.89

Publicis Groupe 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															12.22	10.43	13.17	12.33	13.34

Publicis Groupe ROCE % Calculation

Publicis Groupe'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 )
	=	2104.689	/	( ( (38027.542 - 21598.517)	+	(40039.258 - 23808.07) )	/ 2 )
	=	2104.689	/	( (16429.025	+	16231.188)	/ 2 )
	=	2104.689	/	16330.1065
	=	12.89 %

Publicis Groupe'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 )
	=	2174.482	/	( ( (36511.376 - 20141.928)	+	(40039.258 - 23808.07) )	/ 2 )
	=	2174.482	/	( ( 16369.448	+	16231.188 )	/ 2 )
	=	2174.482	/	16300.318
	=	13.34 %

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

Publicis Groupe (OTCPK:PGPEF) 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.

Publicis Groupe ROCE % Related Terms

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Publicis Groupe (Publicis Groupe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Publicis Groupe SA (OTCPK:PGPEF) » Definitions » ROCE %

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Address

133, Avenue des Champs-Elysees, Paris, FRA, 75008

Website

https://www.publicisgroupe.com

Headquartered in France, Publicis is the world's third-largest ad holding company based on revenue. Publicis' services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 80% of its revenue coming from more-developed regions such as North America and Europe.