Iervolino & Lady Bacardi Entertainment SpA (MIL:IE) ROCE % : 12.42% (As of Dec. 2023)

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What is Iervolino & Lady Bacardi Entertainment SpA 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. Iervolino & Lady Bacardi Entertainment SpA's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.42%.

Iervolino & Lady Bacardi Entertainment SpA ROCE % Historical Data

The historical data trend for Iervolino & Lady Bacardi Entertainment SpA'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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Iervolino & Lady Bacardi Entertainment SpA ROCE % Chart

Iervolino & Lady Bacardi Entertainment SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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68.82

32.14

20.70

4.79

9.02

Iervolino & Lady Bacardi Entertainment SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							14.22	10.99	-1.47	4.64	12.42

Iervolino & Lady Bacardi Entertainment SpA ROCE % Calculation

Iervolino & Lady Bacardi Entertainment SpA'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 )
	=	11.059	/	( ( (190.258 - 73.607)	+	(203.271 - 74.794) )	/ 2 )
	=	11.059	/	( (116.651	+	128.477)	/ 2 )
	=	11.059	/	122.564
	=	9.02 %

Iervolino & Lady Bacardi Entertainment SpA'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 )
	=	16.304	/	( ( (213.072 - 79.064)	+	(203.271 - 74.794) )	/ 2 )
	=	16.304	/	( ( 134.008	+	128.477 )	/ 2 )
	=	16.304	/	131.2425
	=	12.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Iervolino & Lady Bacardi Entertainment SpA (MIL:IE) 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.

Iervolino & Lady Bacardi Entertainment SpA ROCE % Related Terms

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Iervolino & Lady Bacardi Entertainment SpA (MIL:IE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Iervolino & Lady Bacardi Entertainment SpA (MIL:IE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

G37:Germany

Address

Via Salaria 222, Rome, ITA, 00198

Website

https://www.ilbegroup.com

Iervolino & Lady Bacardi Entertainment SpA is engaged in the production of film and television content, including films, TV shows, web series. The projects of the company include waiting for the barbarians, The poison rose and Arctic Justice - The series.