Constellium SE (Constellium SE) ROCE % : 7.06% (As of Mar. 2024)

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What is Constellium SE 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. Constellium SE's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.06%.

Constellium SE ROCE % Historical Data

The historical data trend for Constellium SE'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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Constellium SE ROCE % Chart

Constellium SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.76

3.79

14.29

9.90

9.69

Constellium SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.75	9.34	14.44	6.39	7.06

Constellium SE ROCE % Calculation

Constellium SE'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 )
	=	339.149	/	( ( (5234.11 - 1804.025)	+	(5082.879 - 1513.631) )	/ 2 )
	=	339.149	/	( (3430.085	+	3569.248)	/ 2 )
	=	339.149	/	3499.6665
	=	9.69 %

Constellium SE's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	252.172	/	( ( (5082.879 - 1513.631)	+	(5186.957 - 1615.217) )	/ 2 )
	=	252.172	/	( ( 3569.248	+	3571.74 )	/ 2 )
	=	252.172	/	3570.494
	=	7.06 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Constellium SE (NYSE:CSTM) 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.

Constellium SE ROCE % Related Terms

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Constellium SE (Constellium SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Constellium SE (NYSE:CSTM) » Definitions » ROCE %

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3OK:Germany 3OK:Germany

Address

40-44 rue Washington, Washington Plaza, Paris, FRA, 75008

Website

https://www.constellium.com

Constellium SE is engaged in the design and manufacture of rolled and extruded aluminium products, serving the packaging, aerospace, automotive, defense and other transportation and industry end-markets. The business is organized into three operating segments: i) Packaging and Automotive Rolled Products segment includes the production of rolled aluminium products in European and North American facilities. ii) Aerospace and Transportation segment includes the production of rolled aluminium products and very limited volumes of extruded products in European and North American facilities. iii) Automotive Structures and Industry segment includes the production of extruded aluminium products and aluminium structural components.