GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anima Holding SpA (MIL:ANIM) » Definitions » ROCE %

Anima Holding SpA (MIL:ANIM) ROCE % : 15.03% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Anima Holding SpA 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. Anima Holding SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.03%.


Anima Holding SpA ROCE % Historical Data

The historical data trend for Anima Holding SpA'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.

* Premium members only.

Anima Holding SpA ROCE % Chart

Anima Holding SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.89 12.03 15.44 8.99 10.83

Anima Holding SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.01 9.17 10.18 9.87 15.03

Anima Holding SpA ROCE % Calculation

Anima Holding SpA'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 )
=232.645/( ( (2334.911 - 182.919) + (2390.423 - 246.61) )/ 2 )
=232.645/( (2151.992+2143.813)/ 2 )
=232.645/2147.9025
=10.83 %

Anima Holding SpA'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=318.768/( ( (2328.675 - 230.099) + (2390.423 - 246.61) )/ 2 )
=318.768/( ( 2098.576 + 2143.813 )/ 2 )
=318.768/2121.1945
=15.03 %

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

* 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.


Anima Holding SpA  (MIL:ANIM) 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.


Anima Holding SpA ROCE % Related Terms

Thank you for viewing the detailed overview of Anima Holding SpA's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Anima Holding SpA (MIL:ANIM) Business Description

Traded in Other Exchanges
Address
Corso Giuseppe Garibaldi, 99, Milan, ITA, 20121
Anima Holding SpA is one of the Italian independent asset management operators. Anima's offering is composed of Italian mutual funds, open-ended umbrella funds domiciled in Ireland and Luxembourg, and pension funds. The company also offers institutional and private pension funds, as well as private wealth and institutional asset management services.

Anima Holding SpA (MIL:ANIM) Headlines

No Headlines