Mativ Holdings (FRA:MH2) ROCE % : -2.06% (As of Mar. 2024)

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What is Mativ Holdings 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. Mativ Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.06%.

Mativ Holdings ROCE % Historical Data

The historical data trend for Mativ Holdings'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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Mativ Holdings ROCE % Chart

Mativ Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.21

8.95

0.79

-1.49

-14.80

Mativ Holdings 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															2.02	3.74	-57.08	-0.53	-2.06

Mativ Holdings ROCE % Calculation

Mativ Holdings'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 )
	=	-383.948	/	( ( (3463.725 - 440.093)	+	(2423.081 - 258.044) )	/ 2 )
	=	-383.948	/	( (3023.632	+	2165.037)	/ 2 )
	=	-383.948	/	2594.3345
	=	-14.80 %

Mativ Holdings'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 )
	=	-44.528	/	( ( (2423.081 - 258.044)	+	(2440.484 - 275.54) )	/ 2 )
	=	-44.528	/	( ( 2165.037	+	2164.944 )	/ 2 )
	=	-44.528	/	2164.9905
	=	-2.06 %

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

Mativ Holdings (FRA:MH2) 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.

Mativ Holdings ROCE % Related Terms

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Mativ Holdings (FRA:MH2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mativ Holdings Inc (FRA:MH2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MATV:USA MH2:Germany

Address

100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022

Website

https://www.mativ.com

Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.

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