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Nusco SpA (MIL:NUS) ROCE % : 13.03% (As of Jun. 2023)


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What is Nusco 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. Nusco SpA's annualized ROCE % for the quarter that ended in Jun. 2023 was 13.03%.


Nusco SpA ROCE % Historical Data

The historical data trend for Nusco 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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Nusco SpA ROCE % Chart

Nusco SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
ROCE %
14.88 0.59 7.01 7.18

Nusco SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial 11.86 3.21 8.73 6.60 13.03

Nusco SpA ROCE % Calculation

Nusco SpA'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 )
=2.027/( ( (37.64 - 13.385) + (54.856 - 22.614) )/ 2 )
=2.027/( (24.255+32.242)/ 2 )
=2.027/28.2485
=7.18 %

Nusco SpA's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=4.364/( ( (54.856 - 22.614) + (58.055 - 23.292) )/ 2 )
=4.364/( ( 32.242 + 34.763 )/ 2 )
=4.364/33.5025
=13.03 %

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

* 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.


Nusco SpA  (MIL:NUS) 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.


Nusco SpA ROCE % Related Terms

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Nusco SpA (MIL:NUS) Business Description

Traded in Other Exchanges
N/A
Address
S.S.7 bis km 50.500, Nola, ITA, 80035
Nusco SpA is operating in the production and sale of doors and windows. Its products include Veneer doors, laminated doors, security doors, solid wood doors, pantograph and engraving doors, invisible doors, reversible doors, sliding doors, Wood and aluminum windows, Aluminium and wood doors, Windows in PVC, Shutters.