Montagne et Neige DeveloppementCA (XPAR:ALMND) ROCE % : -13.39% (As of Dec. 2023)

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What is Montagne et Neige DeveloppementCA 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. Montagne et Neige DeveloppementCA's annualized ROCE % for the quarter that ended in Dec. 2023 was -13.39%.

Montagne et Neige DeveloppementCA ROCE % Historical Data

The historical data trend for Montagne et Neige DeveloppementCA'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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Montagne et Neige DeveloppementCA ROCE % Chart

Montagne et Neige DeveloppementCA Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Jun20

Jun21

Jun22

ROCE %

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7.78

2.02

-2,263.65

-288.77

0.16

Montagne et Neige DeveloppementCA Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															10.47	-10.20	-	-433.11	-13.39

Montagne et Neige DeveloppementCA ROCE % Calculation

Montagne et Neige DeveloppementCA's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	0.06	/	( ( (106.21 - 68.55)	+	(116.723 - 79.39) )	/ 2 )
	=	0.06	/	( (37.66	+	37.333)	/ 2 )
	=	0.06	/	37.4965
	=	0.16 %

Montagne et Neige DeveloppementCA'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 )
	=	-7.824	/	( ( (156.051 - 96.158)	+	(148.634 - 91.636) )	/ 2 )
	=	-7.824	/	( ( 59.893	+	56.998 )	/ 2 )
	=	-7.824	/	58.4455
	=	-13.39 %

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

Montagne et Neige DeveloppementCA (XPAR:ALMND) 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.

Montagne et Neige DeveloppementCA ROCE % Related Terms

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Montagne et Neige DeveloppementCA (XPAR:ALMND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Montagne et Neige Developpement SACA (XPAR:ALMND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

2MN0:Germany

Address

Parc d'Activités ALPESPACE, 74 Voie Magellan, Sainte-Hélène-du-Lac, FRA, 73800

Website

http://www.mnd-group.com

Montagne et Neige Developpement SACA designs and builds solutions to facilitate travel in the mountain areas. The group deals in ropeways, snowmaking tools, leisure activities and equipment, safety systems, among others.

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