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Gabriel Holding A/S (OCSE:GABR) ROCE % : 7.12% (As of Mar. 2024)


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What is Gabriel Holding A/S 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. Gabriel Holding A/S's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.12%.


Gabriel Holding A/S ROCE % Historical Data

The historical data trend for Gabriel Holding A/S'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.

* Premium members only.

Gabriel Holding A/S ROCE % Chart

Gabriel Holding A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.24 10.20 15.73 19.94 3.94

Gabriel Holding A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.83 -2.48 -1.97 2.96 7.12

Gabriel Holding A/S ROCE % Calculation

Gabriel Holding A/S's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=16.818/( ( (868.549 - 426.535) + (813.76 - 403.114) )/ 2 )
=16.818/( (442.014+410.646)/ 2 )
=16.818/426.33
=3.94 %

Gabriel Holding A/S'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 )
=28.904/( ( (794.346 - 390.188) + (818.917 - 411.55) )/ 2 )
=28.904/( ( 404.158 + 407.367 )/ 2 )
=28.904/405.7625
=7.12 %

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


Gabriel Holding A/S  (OCSE:GABR) 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.


Gabriel Holding A/S ROCE % Related Terms

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Gabriel Holding A/S (OCSE:GABR) Business Description

Traded in Other Exchanges
Address
Hjulmagervej 55, Aalborg, DNK, 9000
Gabriel Holding A/S is a Denmark-based company that manufactures and sells furniture fabrics of pure wool and microfibers, upholstery fabrics, components, upholstered Surfaces and related products and services. It focuses on business areas that are Fabrics, FurnMaster, SampleMaster and others. Fabrics develop a wide range of furniture products; FurnMaster offers logistics solutions, cutting, sewing and assembly of furniture screens; and SampleMaster designs and produces boxes, hangers, catalogs, colour cards and other kind of promotional presentation materials. It provides a full palette of solutions and services for the international furniture industry, including fabrics, furniture and components, customised sample solutions, acoustic comfort, and knitting and embellishment services.

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