Ideal Holdings (ATH:INTEK) ROCE % : 26.32% (As of Jun. 2023)

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What is Ideal Holdings 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. Ideal Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 26.32%.

Ideal Holdings ROCE % Historical Data

The historical data trend for Ideal Holdings'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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Ideal Holdings ROCE % Chart

Ideal Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

3.58

2.83

-16.77

3.37

4.66

Ideal Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Jun23
ROCE %	Get a 7-Day Free Trial			-	22.07	1.00	18.16	26.32

Ideal Holdings ROCE % Calculation

Ideal Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	1.787	/	( ( (17.054 - 3.731)	+	(83.866 - 20.569) )	/ 2 )
	=	1.787	/	( (13.323	+	63.297)	/ 2 )
	=	1.787	/	38.31
	=	4.66 %

Ideal Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	28.088	/	( ( (114.459 - 41.364)	+	(219.044 - 78.695) )	/ 2 )
	=	28.088	/	( ( 73.095	+	140.349 )	/ 2 )
	=	28.088	/	106.722
	=	26.32 %

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

Ideal Holdings (ATH:INTEK) 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.

Ideal Holdings ROCE % Related Terms

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Ideal Holdings (ATH:INTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ideal Holdings SA (ATH:INTEK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Creon 25, Athens, GRC, 10442

Website

https://www.idealholdings.gr

Ideal Holdings SA is engaged in the distribution of white home appliances, IT products and distribution of specialized software products.

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