Mikron Holding AG (CHIX:MIKNZ) ROCE % : 36.86% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Mikron Holding 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. Mikron Holding AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 36.86%.

Mikron Holding AG ROCE % Historical Data

The historical data trend for Mikron Holding 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.

Mikron Holding AG ROCE % Chart

Mikron Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.70

-13.00

9.86

13.23

16.22

Mikron Holding AG Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															19.43	23.87	28.99	28.63	36.86

Mikron Holding AG ROCE % Calculation

Mikron Holding 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 )
	=	34.049	/	( ( (345.922 - 143.253)	+	(374.21 - 157.024) )	/ 2 )
	=	34.049	/	( (202.669	+	217.186)	/ 2 )
	=	34.049	/	209.9275
	=	16.22 %

Mikron Holding 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: 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 )
	=	77.824	/	( ( (391.178 - 186.052)	+	(374.21 - 157.024) )	/ 2 )
	=	77.824	/	( ( 205.126	+	217.186 )	/ 2 )
	=	77.824	/	211.156
	=	36.86 %

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

Mikron Holding AG (CHIX:MIKNz) 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.

Mikron Holding AG ROCE % Related Terms

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

Mikron Holding AG (CHIX:MIKNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikron Holding AG (CHIX:MIKNz) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MIKN:Switzerland

Address

Muhlebrucke 2, Biel, CHE, CH-2502

Website

https://www.mikron.com

Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

Mikron Holding AG (CHIX:MIKNZ) Headlines

No Headlines