SGL Carbon SE (SGL Carbon SE) ROCE % : 9.13% (As of Mar. 2024)

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What is SGL Carbon 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. SGL Carbon SE's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.13%.

SGL Carbon SE ROCE % Historical Data

The historical data trend for SGL Carbon 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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SGL Carbon SE ROCE % Chart

SGL Carbon SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.78

-8.52

9.77

10.34

5.23

SGL Carbon 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															8.65	-4.42	9.17	7.26	9.13

SGL Carbon SE ROCE % Calculation

SGL Carbon 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 )
	=	66.848	/	( ( (1568.114 - 318.75)	+	(1605.889 - 299.455) )	/ 2 )
	=	66.848	/	( (1249.364	+	1306.434)	/ 2 )
	=	66.848	/	1277.899
	=	5.23 %

SGL Carbon 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 )
	=	120.436	/	( ( (1605.889 - 299.455)	+	(1619.13 - 286.848) )	/ 2 )
	=	120.436	/	( ( 1306.434	+	1332.282 )	/ 2 )
	=	120.436	/	1319.358
	=	9.13 %

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

SGL Carbon SE (OTCPK:SGLFF) 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.

SGL Carbon SE ROCE % Related Terms

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SGL Carbon SE (SGL Carbon SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SGL Carbon SE (OTCPK:SGLFF) » Definitions » ROCE %

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Traded in Other Exchanges

0MPL:UK SGL:Germany SGL:Germany SGL:Germany SGL:Germany SGL:Austria

Address

Sohnleinstrasse 8, Wiesbaden, DEU, 65201

Website

https://www.sglcarbon.com

SGL Carbon SE makes and sells carbon- and graphite-based products and is organized into below segments: composites-fibers and materials; graphite materials and systems; process technology and carbon fibres. The graphite materials and systems segment sells coarse, fine-grain, and expanded graphite products for industrial application and machine components to the semiconductor, energy, chemicals, and automotive industries. The carbon fibers and materials segment sells carbon fiber-based products to the automotive, energy, aerospace and defense, and consumer goods industries. The company generates more than half of its revenue from the graphite materials and systems segment and earns most of its revenue in Europe.