Dr Miele Cosmed Group (WAR:DMG) ROCE % : 15.51% (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Dr Miele Cosmed Group 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. Dr Miele Cosmed Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.51%.

Dr Miele Cosmed Group ROCE % Historical Data

The historical data trend for Dr Miele Cosmed Group'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.

Dr Miele Cosmed Group ROCE % Chart

Dr Miele Cosmed Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.66

14.05

5.87

0.67

12.77

Dr Miele Cosmed Group 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															6.19	12.31	16.90	14.80	15.51

Dr Miele Cosmed Group ROCE % Calculation

Dr Miele Cosmed Group'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 )
	=	31.886	/	( ( (374.284 - 139.005)	+	(382.419 - 118.458) )	/ 2 )
	=	31.886	/	( (235.279	+	263.961)	/ 2 )
	=	31.886	/	249.62
	=	12.77 %

Dr Miele Cosmed Group'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 )
	=	41.368	/	( ( (382.419 - 118.458)	+	(394.965 - 125.426) )	/ 2 )
	=	41.368	/	( ( 263.961	+	269.539 )	/ 2 )
	=	41.368	/	266.75
	=	15.51 %

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

Dr Miele Cosmed Group (WAR:DMG) 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.

Dr Miele Cosmed Group ROCE % Related Terms

Thank you for viewing the detailed overview of Dr Miele Cosmed Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dr Miele Cosmed Group (WAR:DMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dr Miele Cosmed Group SA (WAR:DMG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

9PU:Germany

Address

Ulica Wielkopolska 3, Radom, POL, 26-600

Website

http://www.globalcosmed.pl

Global Cosmed S.A. is engaged in manufacturing cosmetics and household chemicals for national and international retailers, fulfils consumer needs in the sector of personal care, hygiene and cleanliness. The company's brands include Kret, Triks, domal, Bobini, Sofin and Calinda.

Dr Miele Cosmed Group (WAR:DMG) Headlines

No Headlines