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Alfio Bardolla Training Group SpA (MIL:ABTG) ROCE % : 29.37% (As of Dec. 2023)


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What is Alfio Bardolla Training 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. Alfio Bardolla Training Group SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was 29.37%.


Alfio Bardolla Training Group SpA ROCE % Historical Data

The historical data trend for Alfio Bardolla Training 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.

* Premium members only.

Alfio Bardolla Training Group SpA ROCE % Chart

Alfio Bardolla Training Group SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial -20.91 21.85 22.16 -8.25 16.57

Alfio Bardolla Training Group SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.77 -8.49 -7.65 6.18 29.37

Alfio Bardolla Training Group SpA ROCE % Calculation

Alfio Bardolla Training Group SpA'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 )
=1.027/( ( (9.532 - 3.589) + (11.458 - 5.005) )/ 2 )
=1.027/( (5.943+6.453)/ 2 )
=1.027/6.198
=16.57 %

Alfio Bardolla Training Group SpA's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=1.71/( ( (8.308 - 3.116) + (11.458 - 5.005) )/ 2 )
=1.71/( ( 5.192 + 6.453 )/ 2 )
=1.71/5.8225
=29.37 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

* 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.


Alfio Bardolla Training Group SpA  (MIL:ABTG) 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.


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Alfio Bardolla Training Group SpA (MIL:ABTG) Business Description

Traded in Other Exchanges
Address
Via Giuseppe Ripamonti 89, Milano, ITA, 20141
Alfio Bardolla Training Group SpA is a personal finance training company that provides finance books, e-books, and coaching related to economic problems, money manage, management, and wealth creation.

Alfio Bardolla Training Group SpA (MIL:ABTG) Headlines

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