Alumil Rom Industry (BSE:ALU) ROCE % : 12.17% (As of Sep. 2023)

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What is Alumil Rom Industry 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. Alumil Rom Industry's annualized ROCE % for the quarter that ended in Sep. 2023 was 12.17%.

Alumil Rom Industry ROCE % Historical Data

The historical data trend for Alumil Rom Industry'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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Alumil Rom Industry ROCE % Chart

Alumil Rom Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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1.34

6.20

8.01

12.19

12.49

Alumil Rom Industry Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															16.15	4.24	12.97	12.82	12.17

Alumil Rom Industry ROCE % Calculation

Alumil Rom Industry's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	7.911	/	( ( (73.475 - 10.025)	+	(74.028 - 10.799) )	/ 2 )
	=	7.911	/	( (63.45	+	63.229)	/ 2 )
	=	7.911	/	63.3395
	=	12.49 %

Alumil Rom Industry's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	7.34	/	( ( (78.333 - 18.682)	+	(83.35 - 22.408) )	/ 2 )
	=	7.34	/	( ( 59.651	+	60.942 )	/ 2 )
	=	7.34	/	60.2965
	=	12.17 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Alumil Rom Industry (BSE:ALU) 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.

Alumil Rom Industry ROCE % Related Terms

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Alumil Rom Industry (BSE:ALU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alumil Rom Industry SA (BSE:ALU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soseaua Bucuresti Ploiesti No. 42-44, Sector 1, Complex Baneasa Business & Technologiy Park, Bucharest, ROU, 50912

Website

https://www.alumil.com

Alumil Rom Industry SA is a Romania-based company. The company mainly manufactures and trades a range of Aluminum profile systems such as sliding, opening, and partitioning systems and accessories related to these systems, machine tools, and specific tools used for aluminum joinery, interior doors, and decorative Aluminum panels. The company also engages in the processing of profiles through the provision of thermal breaks and electrostatic painting. The product categories of the company are profiles, accessories, polycarbonates, composite aluminum panels, photovoltaic systems, systems for automation applications, waste, services and others.