High Co (XPAR:HCO) ROCE % : 14.03% (As of Dec. 2023)

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What is High Co 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. High Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.03%.

High Co ROCE % Historical Data

The historical data trend for High Co'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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High Co ROCE % Chart

High Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.56

10.84

15.18

6.76

16.09

High Co 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															14.77	16.52	-3.30	18.82	14.03

High Co ROCE % Calculation

High Co'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 )
	=	17.151	/	( ( (214.753 - 107.527)	+	(203.795 - 97.863) )	/ 2 )
	=	17.151	/	( (107.226	+	105.932)	/ 2 )
	=	17.151	/	106.579
	=	16.09 %

High Co'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 )
	=	14.598	/	( ( (193.761 - 91.574)	+	(203.795 - 97.863) )	/ 2 )
	=	14.598	/	( ( 102.187	+	105.932 )	/ 2 )
	=	14.598	/	104.0595
	=	14.03 %

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

High Co (XPAR:HCO) 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.

High Co ROCE % Related Terms

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High Co (XPAR:HCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » High Co (XPAR:HCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HIH:Germany

Address

365 Avenue Archimede, Cedex 3, CS 60 346, Aix-en-Provence, FRA, 13799

Website

http://www.highco.com

High Co is a France based company engaged in offering marketing solutions for various brands and stores worldwide. The company provides drive to store solutions to generate traffic and develop a preference for the brand and store; in-store solutions to boost sales at physical points of sale and online, and data analysis and management solutions to enhance understanding of shoppers and target actions with a focus on R.O.I.

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