Einhell Germany AG (XTER:EIN3) ROCE % : 21.00% (As of Mar. 2024)

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What is Einhell Germany AG 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. Einhell Germany AG's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.00%.

Einhell Germany AG ROCE % Historical Data

The historical data trend for Einhell Germany AG'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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Einhell Germany AG ROCE % Chart

Einhell Germany AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.86

21.01

21.71

18.71

15.97

Einhell Germany AG 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															20.78	22.60	17.54	3.93	21.00

Einhell Germany AG ROCE % Calculation

Einhell Germany AG'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 )
	=	81.84	/	( ( (842.703 - 331.32)	+	(810.069 - 296.487) )	/ 2 )
	=	81.84	/	( (511.383	+	513.582)	/ 2 )
	=	81.84	/	512.4825
	=	15.97 %

Einhell Germany AG'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 )
	=	108.912	/	( ( (810.069 - 296.487)	+	(819.672 - 296.183) )	/ 2 )
	=	108.912	/	( ( 513.582	+	523.489 )	/ 2 )
	=	108.912	/	518.5355
	=	21.00 %

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

Einhell Germany AG (XTER:EIN3) 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.

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Einhell Germany AG (XTER:EIN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Einhell Germany AG (XTER:EIN3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EIN3:Germany EIN3:Germany EIN3:Germany

Address

Wiesenweg 22, Landau an der Isar, DEU, D-94405

Website

https://www.einhell.com

Einhell Germany AG develops and markets solutions for the handyman and tradesman for home, garden, and recreational purposes. The company operates through two business segments namely Tools, and Garden and leisure. Its Tools segment, which is the key revenue driver, includes electronic hand tools and stationary tools as well as hand-held and general electronic tools accessories. The Garden and leisure segment comprises the areas of garden and water technology and cooling and heating technology.

Executives

Andreas Kroiss	Board of Directors
Dr. Markus Thannhuber	Board of Directors

Einhell Germany AG (XTER:EIN3) Headlines

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