Aurubis AG (XTER:NDA) ROCE % : 6.13% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Aurubis 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. Aurubis AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.13%.

Aurubis AG ROCE % Historical Data

The historical data trend for Aurubis 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.

* Premium members only.

Aurubis AG ROCE % Chart

Aurubis AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

8.57

10.44

19.30

19.19

3.59

Aurubis AG 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															5.70	10.30	0.77	-2.52	6.13

Aurubis AG ROCE % Calculation

Aurubis AG's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	188.648	/	( ( (7447.33 - 2204.393)	+	(7259.631 - 1991.751) )	/ 2 )
	=	188.648	/	( (5242.937	+	5267.88)	/ 2 )
	=	188.648	/	5255.4085
	=	3.59 %

Aurubis AG'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 )
	=	324	/	( ( (7259.631 - 1991.751)	+	(7155 - 1850) )	/ 2 )
	=	324	/	( ( 5267.88	+	5305 )	/ 2 )
	=	324	/	5286.44
	=	6.13 %

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

Aurubis AG (XTER:NDA) 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.

Aurubis AG ROCE % Related Terms

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

Aurubis AG (XTER:NDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aurubis AG (XTER:NDA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AIAGY:USA AIAGF:USA NDAd:UK 0K7F:UK NDA:Austria

Address

Hovestrasse 50, Hamburg, BY, DEU, 20539

Website

https://www.aurubis.com

Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

Executives

Dr. Heiko Arnold

Board of Directors

Aurubis AG (XTER:NDA) Headlines

No Headlines