Yakkyo SpA (MIL:YKY) ROCE % : 0.58% (As of Dec. 2022)

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What is Yakkyo 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. Yakkyo SpA's annualized ROCE % for the quarter that ended in Dec. 2022 was 0.58%.

Yakkyo SpA ROCE % Historical Data

The historical data trend for Yakkyo 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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Yakkyo SpA ROCE % Chart

Yakkyo SpA Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

12.03

0.58

9.52

Yakkyo SpA Semi-Annual Data
	Dec21	Dec22	Dec23
ROCE %	12.03	0.58	9.52

Yakkyo SpA ROCE % Calculation

Yakkyo 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 )
	=	0.032	/	( ( (7.737 - 3.172)	+	(8.638 - 2.253) )	/ 2 )
	=	0.032	/	( (4.565	+	6.385)	/ 2 )
	=	0.032	/	5.475
	=	0.58 %

Yakkyo SpA'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 )
	=	0.032	/	( ( (7.737 - 3.172)	+	(8.638 - 2.253) )	/ 2 )
	=	0.032	/	( ( 4.565	+	6.385 )	/ 2 )
	=	0.032	/	5.475
	=	0.58 %

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

Yakkyo SpA (MIL:YKY) 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.

Yakkyo SpA ROCE % Related Terms

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Yakkyo SpA (MIL:YKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yakkyo SpA (MIL:YKY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

IA4:Germany

Address

29H Marsala Street, Rome, ITA, 00185

Website

https://www.yakkyofy.com

Yakkyo SpA offers its customers a complete and high-quality B2B service, based on innovative and technological solutions, which simplifies the online purchasing and selling process for the benefit of customers who intend to purchase and market products from China themselves in their own e-commerce or on third-party platforms. It carries out its business through the proprietary platform called Yakkyofy, which allows customers to manage all the preparatory phases for online sales, starting from the procurement, storage and logistics of goods from Chinese suppliers up to their delivery to end users worldwide.

Yakkyo SpA (MIL:YKY) Headlines

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