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Groupe Cioa (XPAR:MLCIO) ROCE % : 4.66% (As of Dec. 2022)


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What is Groupe Cioa 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 Cioa's annualized ROCE % for the quarter that ended in Dec. 2022 was 4.66%.


Groupe Cioa ROCE % Historical Data

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

Groupe Cioa Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial 15.61 20.07 27.27 10.46 4.66

Groupe Cioa Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE % Get a 7-Day Free Trial 15.61 20.07 27.27 10.46 4.66

Groupe Cioa ROCE % Calculation

Groupe Cioa'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 )
=877.457/( ( (24581.98 - 8064.305) + (31517.17 - 10388.798) )/ 2 )
=877.457/( (16517.675+21128.372)/ 2 )
=877.457/18823.0235
=4.66 %

Groupe Cioa's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=877.457/( ( (24581.98 - 8064.305) + (31517.17 - 10388.798) )/ 2 )
=877.457/( ( 16517.675 + 21128.372 )/ 2 )
=877.457/18823.0235
=4.66 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

* 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.


Groupe Cioa  (XPAR:MLCIO) 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 Cioa ROCE % Related Terms

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Groupe Cioa (XPAR:MLCIO) Business Description

Traded in Other Exchanges
N/A
Address
Avenue de l'Université, Immeuble le Nobel, La Valette du Var, FRA, 83160
Groupe Cioa SA is a France-based company engaged in provides consulting and management services in the engineering field.

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