Groupe Airwell (XPAR:ALAIR) ROCE % : 3.27% (As of Dec. 2023)

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What is Groupe Airwell 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. Groupe Airwell's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.27%.

Groupe Airwell ROCE % Historical Data

The historical data trend for Groupe Airwell'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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Groupe Airwell ROCE % Chart

Groupe Airwell Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

2.97

13.62

10.23

5.90

7.09

Groupe Airwell Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	12.74	1.49	9.21	3.27

Groupe Airwell ROCE % Calculation

Groupe Airwell'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 )
	=	1.974	/	( ( (47.426 - 14.352)	+	(39.381 - 16.736) )	/ 2 )
	=	1.974	/	( (33.074	+	22.645)	/ 2 )
	=	1.974	/	27.8595
	=	7.09 %

Groupe Airwell'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 )
	=	0.908	/	( ( (49.693 - 16.725)	+	(39.381 - 16.736) )	/ 2 )
	=	0.908	/	( ( 32.968	+	22.645 )	/ 2 )
	=	0.908	/	27.8065
	=	3.27 %

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

Groupe Airwell (XPAR:ALAIR) 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.

Groupe Airwell ROCE % Related Terms

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Groupe Airwell (XPAR:ALAIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Groupe Airwell (XPAR:ALAIR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 rue du Fort Saint-Cyr, Montigny Le Bretonneux, FRA, 78180

Website

https://www.airwell.com

Groupe Airwell is a French air-conditioning brand. It is specialized in the distribution of air-conditioning, heating, and ventilation equipment and systems for the residential and tertiary markets. The group offers small, medium and large power products to ensure the thermal comfort of homes, office spaces, shopping malls, public buildings, etc. The products are marketed to wholesalers/distributors and installers.

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