JCDecaux SE (XPAR:DEC) ROCE % : 9.85% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is JCDecaux SE 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. JCDecaux SE's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.85%.

JCDecaux SE ROCE % Historical Data

The historical data trend for JCDecaux SE'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.

JCDecaux SE ROCE % Chart

JCDecaux SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.05

-6.49

0.95

3.86

6.33

JCDecaux SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															5.87	-0.10	7.90	2.43	9.85

JCDecaux SE ROCE % Calculation

JCDecaux SE'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 )
	=	419.5	/	( ( (10058.9 - 3242.6)	+	(9256.4 - 2819.4) )	/ 2 )
	=	419.5	/	( (6816.3	+	6437)	/ 2 )
	=	419.5	/	6626.65
	=	6.33 %

JCDecaux SE'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 )
	=	669	/	( ( (9289.1 - 2141.6)	+	(9256.4 - 2819.4) )	/ 2 )
	=	669	/	( ( 7147.5	+	6437 )	/ 2 )
	=	669	/	6792.25
	=	9.85 %

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

JCDecaux SE (XPAR:DEC) 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.

JCDecaux SE ROCE % Related Terms

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

JCDecaux SE (XPAR:DEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » JCDecaux SE (XPAR:DEC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JCDXF:USA 0MGO:UK DCS:Germany

Address

17 Rue Soyer, Neuilly-sur-Seine, FRA, 92200

Website

https://www.jcdecaux.com

JCDecaux SE is an outdoor advertising company. The company focuses on three main business areas namely Street Furniture, Transport advertising, and Billboard advertising. Street furniture advertising relates to bus stop advertising, newspaper kiosks, public benches, and free-standing panels. Transport which focuses on advertising in land transport networks and airports and Billboard Advertising which concerns the marketing of billboards, neon-light billboards and advertising wraps.