Belysse Group NV (XBRU:BELYS) ROCE % : 9.81% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Belysse Group NV 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. Belysse Group NV's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.81%.

Belysse Group NV ROCE % Historical Data

The historical data trend for Belysse Group NV'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.

Belysse Group NV ROCE % Chart

Belysse Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.51

1.99

3.91

4.58

5.02

Belysse Group NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															5.32	4.29	5.65	0.43	9.81

Belysse Group NV ROCE % Calculation

Belysse Group NV'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 )
	=	9.957	/	( ( (360.359 - 85.952)	+	(327.557 - 205.019) )	/ 2 )
	=	9.957	/	( (274.407	+	122.538)	/ 2 )
	=	9.957	/	198.4725
	=	5.02 %

Belysse Group NV'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 )
	=	18.776	/	( ( (334.183 - 73.829)	+	(327.557 - 205.019) )	/ 2 )
	=	18.776	/	( ( 260.354	+	122.538 )	/ 2 )
	=	18.776	/	191.446
	=	9.81 %

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

Belysse Group NV (XBRU:BELYS) 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.

Belysse Group NV ROCE % Related Terms

Thank you for viewing the detailed overview of Belysse Group NV's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Belysse Group NV (XBRU:BELYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Belysse Group NV (XBRU:BELYS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BDB:Germany

Address

Franklin Rooseveltlaan 172-174, Waregem, BEL, 8790

Website

https://www.belysse.com

Belysse Group NV operates its business in four segments. The rugs segment includes woven and tufted area rugs, under the Balta home brand. The residential segment includes wall-to-wall carpet and carpet tiles for private use, through the brands Balta carpets, ITC, and Balta carpet tiles. The commercial segment includes wall-to-wall carpet and carpet tiles for commercial use under the brands' arc edition, Bentley, and Modulyss. The non-Woven segment includes needle felt, carpet backing, and technical non-wovens under the Captiqs brand. The company's geographical segments are Europe, North America, and the Rest of the World.

Belysse Group NV (XBRU:BELYS) Headlines

No Headlines