Nacon (XPAR:NACON) ROCE % : 1.83% (As of Sep. 2023)

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What is Nacon 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. Nacon's annualized ROCE % for the quarter that ended in Sep. 2023 was 1.83%.

Nacon ROCE % Historical Data

The historical data trend for Nacon'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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Nacon ROCE % Chart

Nacon Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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17.60

12.29

10.96

4.81

4.70

Nacon Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial								3.75	6.08	6.52	2.69	1.83

Nacon ROCE % Calculation

Nacon's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	16.618	/	( ( (412.252 - 72.59)	+	(483.311 - 115.827) )	/ 2 )
	=	16.618	/	( (339.662	+	367.484)	/ 2 )
	=	16.618	/	353.573
	=	4.70 %

Nacon's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	6.604	/	( ( (483.311 - 115.827)	+	(470.666 - 117.907) )	/ 2 )
	=	6.604	/	( ( 367.484	+	352.759 )	/ 2 )
	=	6.604	/	360.1215
	=	1.83 %

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

Nacon (XPAR:NACON) 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.

Nacon ROCE % Related Terms

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Nacon (XPAR:NACON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nacon SA (XPAR:NACON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

4AW:Germany

Address

396/466, Rue de la Voyette, CRT 2, Fretin, FRA, 59273

Website

https://www.nacongaming.com

Nacon SA is a France based video game company. It designs and distributes accessories for video game consoles, and publishes video games for various platforms.

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