Amtech Systems (FRA:AS3) ROCE % : 5.86% (As of Mar. 2024)

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What is Amtech Systems 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. Amtech Systems's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.86%.

Amtech Systems ROCE % Historical Data

The historical data trend for Amtech Systems'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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Amtech Systems ROCE % Chart

Amtech Systems Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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6.28

-0.27

3.74

19.28

-12.93

Amtech Systems 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															1.43	-3.68	-41.91	-34.93	5.86

Amtech Systems ROCE % Calculation

Amtech Systems's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-13.738	/	( ( (134.869 - 22.852)	+	(128.389 - 27.846) )	/ 2 )
	=	-13.738	/	( (112.017	+	100.543)	/ 2 )
	=	-13.738	/	106.28
	=	-12.93 %

Amtech Systems'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 )
	=	5.1	/	( ( (114.664 - 24.019)	+	(107.156 - 23.841) )	/ 2 )
	=	5.1	/	( ( 90.645	+	83.315 )	/ 2 )
	=	5.1	/	86.98
	=	5.86 %

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

Amtech Systems (FRA:AS3) 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.

Amtech Systems ROCE % Related Terms

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Amtech Systems (FRA:AS3) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Amtech Systems Inc (FRA:AS3) » Definitions » ROCE %

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Traded in Other Exchanges

ASYS:USA AS3:Germany

Address

131 South Clark Drive, Tempe, AZ, USA, 85288

Website

http://www.amtechsystems.com

Amtech Systems Inc is a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies, and light-emitting diodes (LEDs). the company has two segments; Semiconductor; it designs, manufactures, sells, and services thermal processing equipment and related controls for use by semiconductor manufacturers, and in electronics, automotive, and other industries; and Material and Substrate - it produces consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.

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