NUTEX Investments (BUD:NUTEX) ROCE % : 7.54% (As of Dec. 2023)

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What is NUTEX Investments 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. NUTEX Investments's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.54%.

NUTEX Investments ROCE % Historical Data

The historical data trend for NUTEX Investments'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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NUTEX Investments ROCE % Chart

NUTEX Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.52

1.11

0.46

2.73

3.30

NUTEX Investments Semi-Annual Data
	Dec13	Jun14	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															2.89	1.38	4.07	-0.94	7.54

NUTEX Investments ROCE % Calculation

NUTEX Investments'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 )
	=	177.921	/	( ( (5310.449 - 10.04)	+	(5480.292 - 8.759) )	/ 2 )
	=	177.921	/	( (5300.409	+	5471.533)	/ 2 )
	=	177.921	/	5385.971
	=	3.30 %

NUTEX Investments'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	405.398	/	( ( (5281.987 - 6.356)	+	(5480.292 - 8.759) )	/ 2 )
	=	405.398	/	( ( 5275.631	+	5471.533 )	/ 2 )
	=	405.398	/	5373.582
	=	7.54 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

NUTEX Investments (BUD:NUTEX) 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.

NUTEX Investments ROCE % Related Terms

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NUTEX Investments (BUD:NUTEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » NUTEX Investments PLC (BUD:NUTEX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Telepes u. 53., Budapest, HUN, 1147

Website

http://www.nutex.hu

NUTEX Investments PLC operates as a drug manufacturer in Hungary. The company is engaged in production of products that focuses on health, vitality, and natural ingredients.

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