Giglio Group SpA (CHIX:GGM) ROCE % : 24.39% (As of Sep. 2023)

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What is Giglio Group SpA 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. Giglio Group SpA's annualized ROCE % for the quarter that ended in Sep. 2023 was 24.39%.

Giglio Group SpA ROCE % Historical Data

The historical data trend for Giglio Group SpA'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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Giglio Group SpA ROCE % Chart

Giglio Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-4.97

-27.37

-16.75

-30.83

-16.29

Giglio Group SpA 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															-6.68	-59.75	-33.16	56.65	24.39

Giglio Group SpA ROCE % Calculation

Giglio Group SpA'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 )
	=	-1.292	/	( ( (35.375 - 26.726)	+	(34.387 - 27.178) )	/ 2 )
	=	-1.292	/	( (8.649	+	7.209)	/ 2 )
	=	-1.292	/	7.929
	=	-16.29 %

Giglio Group SpA'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 )
	=	1.904	/	( ( (37.441 - 29.543)	+	(38.306 - 30.588) )	/ 2 )
	=	1.904	/	( ( 7.898	+	7.718 )	/ 2 )
	=	1.904	/	7.808
	=	24.39 %

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

Giglio Group SpA (CHIX:GGm) 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.

Giglio Group SpA ROCE % Related Terms

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Giglio Group SpA (CHIX:GGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Giglio Group SpA (CHIX:GGm) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GG:Italy

Address

Piazza Diaz 6, Milan, ITA, 20123

Website

https://www.giglio.org

Giglio Group SpA is engaged in the e-commerce of high-end fashion products, in the design products' sector and in the food segment.. It offers tailor-made B2B and B2C services to the Luxury Fashion industry as well as other industries, mainly with "Made in Italy" brands. It operates through the below segments: B2B e-commerce, B2C e-commerce and Corporate. It generates majority revenue from the B2B e-commerce.

Giglio Group SpA (CHIX:GGM) Headlines

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