ZEAL Network SE (XTER:TIMA) ROCE % : 8.51% (As of Mar. 2024)

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What is ZEAL Network 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. ZEAL Network SE's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.51%.

ZEAL Network SE ROCE % Historical Data

The historical data trend for ZEAL Network 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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ZEAL Network SE ROCE % Chart

ZEAL Network SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.92

1.77

3.99

5.41

6.35

ZEAL Network SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															6.84	2.54	8.30	8.62	8.51

ZEAL Network SE ROCE % Calculation

ZEAL Network SE'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 )
	=	23.856	/	( ( (459.736 - 44.562)	+	(394.653 - 57.997) )	/ 2 )
	=	23.856	/	( (415.174	+	336.656)	/ 2 )
	=	23.856	/	375.915
	=	6.35 %

ZEAL Network SE's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	30.012	/	( ( (394.653 - 57.997)	+	(424.404 - 55.809) )	/ 2 )
	=	30.012	/	( ( 336.656	+	368.595 )	/ 2 )
	=	30.012	/	352.6255
	=	8.51 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

ZEAL Network SE (XTER:TIMA) 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.

ZEAL Network SE ROCE % Related Terms

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ZEAL Network SE (XTER:TIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ZEAL Network SE (XTER:TIMA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TIM:Germany TIMA:Germany TIMA:Germany

Address

Strassenbahnring 11, Hamburg, NI, DEU, 20251

Website

https://www.zealnetwork.de

ZEAL Network SE is a holding company specialized in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The Germany operating segment comprises the results of the online lottery brokerage business and the Group's charity lotteries in Germany. The Other segment comprises the online lottery operation for the charitable org ONCE in Spain and investment in early-stage start-ups under Zeal ventures. The majority of revenue is derived from the Germany segment.

Executives

Sönke Martens	Board of Directors
Dr. Helmut Wilhelm Becker	Board of Directors
Jonas Mattsson	Board of Directors
Peter Steiner	Supervisory Board
Frank Strauß	Supervisory Board
Oliver Jaster	Supervisory Board

ZEAL Network SE (XTER:TIMA) Headlines

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