TUI AG (FRA:TUI1) ROCE % : 0.97% (As of Dec. 2023)

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What is TUI 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. TUI AG's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.97%.

TUI AG ROCE % Historical Data

The historical data trend for TUI 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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TUI AG ROCE % Chart

TUI AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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9.63

-32.37

-24.65

4.90

15.38

TUI 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															-7.84	-13.37	13.22	75.10	0.97

TUI AG ROCE % Calculation

TUI 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 )
	=	1060.2	/	( ( (15255.5 - 8742.7)	+	(16152.4 - 8876.9) )	/ 2 )
	=	1060.2	/	( (6512.8	+	7275.5)	/ 2 )
	=	1060.2	/	6894.15
	=	15.38 %

TUI 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 )
	=	74.8	/	( ( (16152.4 - 8876.9)	+	(15518.7 - 7334.5) )	/ 2 )
	=	74.8	/	( ( 7275.5	+	8184.2 )	/ 2 )
	=	74.8	/	7729.85
	=	0.97 %

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

TUI AG (FRA:TUI1) 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.

TUI AG ROCE % Related Terms

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TUI AG (FRA:TUI1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TUI AG (FRA:TUI1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TUIFF:USA 1TUI1U:Italy TUIl:UK TUI:UK TUI1:Germany

Address

Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625

Website

https://www.tuigroup.com

TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.

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