Groupe Berkem (XPAR:ALKEM) ROCE % : 7.41% (As of Dec. 2023)

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What is Groupe Berkem 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. Groupe Berkem's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.41%.

Groupe Berkem ROCE % Historical Data

The historical data trend for Groupe Berkem'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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Groupe Berkem ROCE % Chart

Groupe Berkem Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.01

26.23

14.92

0.46

4.52

Groupe Berkem Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-	9.63	-8.63	1.29	7.41

Groupe Berkem ROCE % Calculation

Groupe Berkem'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 )
	=	2.551	/	( ( (72.721 - 19.551)	+	(93.777 - 34.003) )	/ 2 )
	=	2.551	/	( (53.17	+	59.774)	/ 2 )
	=	2.551	/	56.472
	=	4.52 %

Groupe Berkem's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	4.38	/	( ( (92.405 - 33.946)	+	(93.777 - 34.003) )	/ 2 )
	=	4.38	/	( ( 58.459	+	59.774 )	/ 2 )
	=	4.38	/	59.1165
	=	7.41 %

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

Groupe Berkem (XPAR:ALKEM) 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.

Groupe Berkem ROCE % Related Terms

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Groupe Berkem (XPAR:ALKEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Groupe Berkem SA (XPAR:ALKEM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marais Ouest, Gardonne, FRA, 24680

Website

https://www.berkem.com

Groupe Berkem SA is a benchmark player in plant-based chemistry with the mission of accelerating the ecological transition of players in everyday chemistry. It designs and manufactures a wide range of active ingredients derived from plant materials, which are then offered to manufacturers for the formulation of products.

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