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France Tourisme Immobilier (XPAR:MLFTI) ROCE % : -8.07% (As of Dec. 2022)


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What is France Tourisme Immobilier 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. France Tourisme Immobilier's annualized ROCE % for the quarter that ended in Dec. 2022 was -8.07%.


France Tourisme Immobilier ROCE % Historical Data

The historical data trend for France Tourisme Immobilier'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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France Tourisme Immobilier ROCE % Chart

France Tourisme Immobilier Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial -36.68 66.15 -14.29 -8.75 -8.07

France Tourisme Immobilier Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE % Get a 7-Day Free Trial -36.68 66.15 -14.29 -8.75 -8.07

France Tourisme Immobilier ROCE % Calculation

France Tourisme Immobilier'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 )
=-0.084/( ( (1.096 - 0.07) + (1.116 - 0.059) )/ 2 )
=-0.084/( (1.026+1.057)/ 2 )
=-0.084/1.0415
=-8.07 %

France Tourisme Immobilier'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 )
=-0.084/( ( (1.096 - 0.07) + (1.116 - 0.059) )/ 2 )
=-0.084/( ( 1.026 + 1.057 )/ 2 )
=-0.084/1.0415
=-8.07 %

(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.


France Tourisme Immobilier  (XPAR:MLFTI) 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.


France Tourisme Immobilier ROCE % Related Terms

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France Tourisme Immobilier (XPAR:MLFTI) Business Description

Traded in Other Exchanges
N/A
Address
The Meadows of Flain, Paris, FRA, 74300
France Tourisme Immobilier SA is engaged in the real estate industry. The company owns and manages real estate assets in Europe.

France Tourisme Immobilier (XPAR:MLFTI) Headlines

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