Edel SE KGaA (XTER:EDL) ROCE % : 15.35% (As of Sep. 2023)

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What is Edel SE KGaA 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. Edel SE KGaA's annualized ROCE % for the quarter that ended in Sep. 2023 was 15.35%.

Edel SE KGaA ROCE % Historical Data

The historical data trend for Edel SE KGaA'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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Edel SE KGaA ROCE % Chart

Edel SE KGaA Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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5.83

9.58

15.05

17.34

16.72

Edel SE KGaA Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															8.29	19.45	13.26	15.53	15.35

Edel SE KGaA ROCE % Calculation

Edel SE KGaA's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	22.421	/	( ( (195.195 - 66.019)	+	(192.56 - 53.576) )	/ 2 )
	=	22.421	/	( (129.176	+	138.984)	/ 2 )
	=	22.421	/	134.08
	=	16.72 %

Edel SE KGaA'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: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	22.664	/	( ( (193.692 - 37.328)	+	(192.56 - 53.576) )	/ 2 )
	=	22.664	/	( ( 156.364	+	138.984 )	/ 2 )
	=	22.664	/	147.674
	=	15.35 %

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

Edel SE KGaA (XTER:EDL) 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.

Edel SE KGaA ROCE % Related Terms

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Edel SE KGaA (XTER:EDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Edel SE & Co KGaA (XTER:EDL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EDL:Germany EDL:Germany EDL:Germany

Address

Neumuehlen 17, Hamburg, SH, DEU, 22763

Website

https://www.edel.com

Edel SE & Co KGaA is an independent media company. The Edel Group divides its operational business into three business areas which are Manufacturing & Distribution, Music & Entertainment, and Books. The company offers artists, authors, labels, publishers, and other rights holders, different types of products and services. The company has two reportable segments which are Manufacturing and logistics and Marketing and sales. The company generates the majority of its revenue from Manufacturing and logistics. Geographically company generates revenues from Great Britain, Germany, Ireland, USA, France, and others.

Edel SE KGaA (XTER:EDL) Headlines

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