Pattern SpA (MIL:PTR) ROCE % : 15.36% (As of Jun. 2023)

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What is Pattern 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. Pattern SpA's annualized ROCE % for the quarter that ended in Jun. 2023 was 15.36%.

Pattern SpA ROCE % Historical Data

The historical data trend for Pattern 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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Pattern SpA ROCE % Chart

Pattern SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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36.22

12.54

13.25

13.30

177.79

Pattern SpA Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								15.06	16.28	11.13	15.36	305.09

Pattern SpA ROCE % Calculation

Pattern 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 )
	=	6.841	/	( ( (70.56 - 27.128)	+	(102.996 - 43.53) )	/ 2 )
	=	6.841	/	( (43.432	+	59.466)	/ 2 )
	=	6.841	/	51.449
	=	13.30 %

Pattern SpA's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	9.09	/	( ( (102.996 - 43.53)	+	(109.766 - 50.867) )	/ 2 )
	=	9.09	/	( ( 59.466	+	58.899 )	/ 2 )
	=	9.09	/	59.1825
	=	15.36 %

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

Pattern SpA (MIL:PTR) 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.

Pattern SpA ROCE % Related Terms

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Pattern SpA (MIL:PTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pattern SpA (MIL:PTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Italia, 6/A10093, Collegno, Torino, ITA

Website

https://www.pattern.it

Pattern SpA is an Italy based company focused on the apparels industry. Its business process comprises of Pattern and Garment Engineering, Prototyping and Sampling and Manufacturing and Producing of Garments.

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