Aston Martin Lagonda Global Holdings (LSE:AML) ROCE % : -10.74% (As of Mar. 2024)

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What is Aston Martin Lagonda Global Holdings 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. Aston Martin Lagonda Global Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -10.74%.

Aston Martin Lagonda Global Holdings ROCE % Historical Data

The historical data trend for Aston Martin Lagonda Global Holdings'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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Aston Martin Lagonda Global Holdings ROCE % Chart

Aston Martin Lagonda Global Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.25

-19.95

-2.69

-15.87

-3.47

Aston Martin Lagonda Global Holdings Quarterly Data
	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-34.08	-10.17	-2.74	-	-10.74

Aston Martin Lagonda Global Holdings ROCE % Calculation

Aston Martin Lagonda Global Holdings'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 )
	=	-73.4	/	( ( (3104.3 - 1056.8)	+	(3173 - 986.1) )	/ 2 )
	=	-73.4	/	( (2047.5	+	2186.9)	/ 2 )
	=	-73.4	/	2117.2
	=	-3.47 %

Aston Martin Lagonda Global Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-234.8	/	( ( (3173 - 986.1)	+	(0 - 0) )	/ 1 )
	=	-234.8	/	( ( 2186.9	+	0 )	/ 1 )
	=	-234.8	/	2186.9
	=	-10.74 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Aston Martin Lagonda Global Holdings (LSE:AML) 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.

Aston Martin Lagonda Global Holdings ROCE % Related Terms

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Aston Martin Lagonda Global Holdings (LSE:AML) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aston Martin Lagonda Global Holdings PLC (LSE:AML) » Definitions » ROCE %

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ARGGY:USA AMGDF:USA AMLl:UK A5SA:Germany

Address

Banbury Road, Gaydon, Warwick, GBR, CV35 0DB

Website

https://www.astonmartinlagonda.com

Aston Martin Lagonda Global Holdings PLC is a luxury automotive manufacturer. It designs, engineers and produces sports cars in Warwickshire, United Kingdom and sell those models through a network of dealers. It is also involved in servicing of sports cars, all the activities are carried out under the brand name of Aston Martin. The Group has only one operating segment, the automotive segment. The automotive segment includes all activities relating to design, development, manufacture and marketing of vehicles including consulting services; as well as the sale of parts, servicing and automotive brand activities. Geographically, it has a presence in the United Kingdom, The Americas, Rest of Europe, Middle East and Africa and the Asia Pacific of which The Americas derives maximum revenue.

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