SHP Celex a.d (XBLB:CELX-R-A) ROCE % : -4.34% (As of Dec. 2013)

View and export this data going back to 2002. Start your Free Trial

What is SHP Celex a.d 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. SHP Celex a.d's annualized ROCE % for the quarter that ended in Dec. 2013 was -4.34%.

SHP Celex a.d ROCE % Historical Data

The historical data trend for SHP Celex a.d'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.

SHP Celex a.d ROCE % Chart

SHP Celex a.d Annual Data

Trend

Dec12

Dec13

ROCE %

-14.72

-4.34

SHP Celex a.d Semi-Annual Data
	Dec12	Dec13
ROCE %	-14.72	-4.34

SHP Celex a.d ROCE % Calculation

SHP Celex a.d's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	-1.111	/	( ( (60.108 - 33.177)	+	(56.141 - 31.902) )	/ 2 )
	=	-1.111	/	( (26.931	+	24.239)	/ 2 )
	=	-1.111	/	25.585
	=	-4.34 %

SHP Celex a.d's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Dec. 2012 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Dec. 2012 )		(Q: Dec. 2013 )
	=	-1.111	/	( ( (60.108 - 33.177)	+	(56.141 - 31.902) )	/ 2 )
	=	-1.111	/	( ( 26.931	+	24.239 )	/ 2 )
	=	-1.111	/	25.585
	=	-4.34 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2013) EBIT data.

SHP Celex a.d (XBLB:CELX-R-A) 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.

SHP Celex a.d ROCE % Related Terms

Thank you for viewing the detailed overview of SHP Celex a.d's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

SHP Celex a.d (XBLB:CELX-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SHP Celex a.d (XBLB:CELX-R-A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102

Website

http://www.shpgroup.eu

SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.

SHP Celex a.d (XBLB:CELX-R-A) Headlines

No Headlines