Msg Life AG (HAM:MSGL) ROCE % : 12.93% (As of Dec. 2022)

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What is Msg Life 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. Msg Life AG's annualized ROCE % for the quarter that ended in Dec. 2022 was 12.93%.

Msg Life AG ROCE % Historical Data

The historical data trend for Msg Life 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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Msg Life AG ROCE % Chart

Msg Life AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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7.63

1.60

16.98

18.80

12.93

Msg Life AG Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
ROCE %	Get a 7-Day Free Trial													7.63	1.60	16.98	18.80	12.93

Msg Life AG ROCE % Calculation

Msg Life AG's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	11.984	/	( ( (99.499 - 13.531)	+	(111.291 - 11.823) )	/ 2 )
	=	11.984	/	( (85.968	+	99.468)	/ 2 )
	=	11.984	/	92.718
	=	12.93 %

Msg Life AG's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	11.984	/	( ( (99.499 - 13.531)	+	(111.291 - 11.823) )	/ 2 )
	=	11.984	/	( ( 85.968	+	99.468 )	/ 2 )
	=	11.984	/	92.718
	=	12.93 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Msg Life AG (HAM:MSGL) 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.

Msg Life AG ROCE % Related Terms

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Msg Life AG (HAM:MSGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Msg Life AG (HAM:MSGL) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Humboldtstrasse 35, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.msg-life.com

Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Poland, and Benelux.

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