Axon Partners Group (XMAD:APG) ROCE % : 25.70% (As of Dec. 2022)

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What is Axon Partners Group 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. Axon Partners Group's annualized ROCE % for the quarter that ended in Dec. 2022 was 25.70%.

Axon Partners Group ROCE % Historical Data

The historical data trend for Axon Partners Group'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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Axon Partners Group ROCE % Chart

Axon Partners Group Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

11.21

20.26

25.70

Axon Partners Group Semi-Annual Data
	Dec20	Dec21	Dec22
ROCE %	11.21	20.26	25.70

Axon Partners Group ROCE % Calculation

Axon Partners Group'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 )
	=	5.263	/	( ( (24.883 - 4.747)	+	(24.288 - 3.474) )	/ 2 )
	=	5.263	/	( (20.136	+	20.814)	/ 2 )
	=	5.263	/	20.475
	=	25.70 %

Axon Partners Group's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	5.263	/	( ( (24.883 - 4.747)	+	(24.288 - 3.474) )	/ 2 )
	=	5.263	/	( ( 20.136	+	20.814 )	/ 2 )
	=	5.263	/	20.475
	=	25.70 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Axon Partners Group (XMAD:APG) 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.

Axon Partners Group ROCE % Related Terms

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Axon Partners Group (XMAD:APG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Axon Partners Group SA (XMAD:APG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Sagasta 18, 3rd Floor, Madrid, ESP, 28004

Website

https://www.axonpartnersgroup.com

Axon Partners Group SA is an investment and consulting firm. It offers advisory services in the area of Cybersecurity, Digital Platforms, Cloud, Fog & Edge Computing, AI & Big Data, Cleantech, and Sustainability, among others. It also investment strategies consisting Direct Investment, Fund of Funds, Corporate Venture Capital, and Special Opportunities.