Profile Systems & Software (ATH:PROF) ROCE % : 22.08% (As of Dec. 2023)

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What is Profile Systems & Software 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. Profile Systems & Software's annualized ROCE % for the quarter that ended in Dec. 2023 was 22.08%.

Profile Systems & Software ROCE % Historical Data

The historical data trend for Profile Systems & Software'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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Profile Systems & Software ROCE % Chart

Profile Systems & Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.73

6.44

10.00

13.27

17.22

Profile Systems & Software 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															13.09	10.79	16.05	13.03	22.08

Profile Systems & Software ROCE % Calculation

Profile Systems & Software'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 )
	=	5.72	/	( ( (47.173 - 15.089)	+	(55.795 - 21.426) )	/ 2 )
	=	5.72	/	( (32.084	+	34.369)	/ 2 )
	=	5.72	/	33.2265
	=	17.22 %

Profile Systems & Software'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 )
	=	7.288	/	( ( (49.42 - 17.765)	+	(55.795 - 21.426) )	/ 2 )
	=	7.288	/	( ( 31.655	+	34.369 )	/ 2 )
	=	7.288	/	33.012
	=	22.08 %

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

Profile Systems & Software (ATH:PROF) 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.

Profile Systems & Software ROCE % Related Terms

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Profile Systems & Software (ATH:PROF) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Profile Systems & Software SA (ATH:PROF) » Definitions » ROCE %

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N/A

Address

199 Syngrou Ave. N. Smyrni, Athens, GRC, 17121

Website

http://www.profile.gr

Profile Systems & Software SA is a software company developing solutions for the international financial sector, business sector and the public sector. Its products include Axia, IMSplus, FMS.next, FMS.next Payments, RiskAvert, Native Wealth Management Mobile App, GS Market Suite, Plexus, Registry and Nowen-net. The company offers services in the field of Investment Management, Banking, Risk and Compliance, Capital Markets and Marketplace Lending in Europe, Middle East Asia, America and Africa.