Colt CZ Group SE (XPRA:CZG) ROCE % : 17.55% (As of Sep. 2023)

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What is Colt CZ Group SE 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. Colt CZ Group SE's annualized ROCE % for the quarter that ended in Sep. 2023 was 17.55%.

Colt CZ Group SE ROCE % Historical Data

The historical data trend for Colt CZ Group SE'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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Colt CZ Group SE ROCE % Chart

Colt CZ Group SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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13.30

16.59

13.74

11.61

21.09

Colt CZ Group SE Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial														13.87	20.84	23.71	19.32	17.55

Colt CZ Group SE ROCE % Calculation

Colt CZ Group SE'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 )
	=	2968.226	/	( ( (17013.073 - 4879.119)	+	(19503.514 - 3484.061) )	/ 2 )
	=	2968.226	/	( (12133.954	+	16019.453)	/ 2 )
	=	2968.226	/	14076.7035
	=	21.09 %

Colt CZ Group SE's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	3268.144	/	( ( (21876.633 - 3725.62)	+	(22240.257 - 3146.614) )	/ 2 )
	=	3268.144	/	( ( 18151.013	+	19093.643 )	/ 2 )
	=	3268.144	/	18622.328
	=	17.55 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Colt CZ Group SE (XPRA:CZG) 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.

Colt CZ Group SE ROCE % Related Terms

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Colt CZ Group SE (XPRA:CZG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Colt CZ Group SE (XPRA:CZG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CZGZF:USA 6QS:Germany

Address

Opletalova 1284/37, Praha 1, Nove Mesto, Prague, CZE, 110 00

Website

https://www.coltczgroup.com

Colt CZ Group SE is engaged in the defense sector. The company is a producer of firearms for military and law enforcement, personal defense, hunting, sport shooting, and other civilian use. The firm's operating segments are Production, purchase, and sale of firearms and accessories which contributes the majority of revenue and other segments.

Colt CZ Group SE (XPRA:CZG) Headlines

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