Iberpapel Gestion (XMAD:IBG) ROCE % : 3.41% (As of Mar. 2024)

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What is Iberpapel Gestion 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. Iberpapel Gestion's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.41%.

Iberpapel Gestion ROCE % Historical Data

The historical data trend for Iberpapel Gestion'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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Iberpapel Gestion ROCE % Chart

Iberpapel Gestion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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9.24

8.22

1.80

2.83

5.72

Iberpapel Gestion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															27.06	4.52	12.17	-1.39	3.41

Iberpapel Gestion ROCE % Calculation

Iberpapel Gestion'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 )
	=	17.854	/	( ( (385.84 - 76.321)	+	(389.098 - 74.742) )	/ 2 )
	=	17.854	/	( (309.519	+	314.356)	/ 2 )
	=	17.854	/	311.9375
	=	5.72 %

Iberpapel Gestion'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	11.76	/	( ( (385.897 - 44.519)	+	(399.544 - 50.328) )	/ 2 )
	=	11.76	/	( ( 341.378	+	349.216 )	/ 2 )
	=	11.76	/	345.297
	=	3.41 %

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

Iberpapel Gestion (XMAD:IBG) 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.

Iberpapel Gestion ROCE % Related Terms

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Iberpapel Gestion (XMAD:IBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Iberpapel Gestion SA (XMAD:IBG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

IBG:Germany

Address

Avda. Sancho El Sabio, 2 - 1, San Sebastian, ESP, 20010

Website

http://www.iberpapel.es

Iberpapel Gestion SA manufactures printing and writing a paper in Spain. The company operates in Forestry Division, Industrial Division, and Commercial Division. The Forestry Division produces cellulose pulp from Eucalyptus trees. The Industrial Division processes the raw materials into finished goods at its Papelera Guipuzcoana de Zicunaga plant which consists of a cellulose plant and a paper mill, and energy section. The Commercial Division markets the products produced at its manufacturing plant. It earns revenue from the sale of printing and writing paper.

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