Seche Environnement (XPAR:SCHP) ROCE % : 8.82% (As of Jun. 2023)

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What is Seche Environnement 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. Seche Environnement's annualized ROCE % for the quarter that ended in Jun. 2023 was 8.82%.

Seche Environnement ROCE % Historical Data

The historical data trend for Seche Environnement'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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Seche Environnement ROCE % Chart

Seche Environnement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.15

4.95

7.25

9.03

Seche Environnement 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															8.95	9.80	8.33	8.82	-

Seche Environnement ROCE % Calculation

Seche Environnement'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 )
	=	85.251	/	( ( (1224.812 - 315.315)	+	(1404.564 - 426.413) )	/ 2 )
	=	85.251	/	( (909.497	+	978.151)	/ 2 )
	=	85.251	/	943.824
	=	9.03 %

Seche Environnement's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	86.558	/	( ( (1404.564 - 426.413)	+	(1464.422 - 479.692) )	/ 2 )
	=	86.558	/	( ( 978.151	+	984.73 )	/ 2 )
	=	86.558	/	981.4405
	=	8.82 %

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

Seche Environnement (XPAR:SCHP) 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.

Seche Environnement ROCE % Related Terms

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Seche Environnement (XPAR:SCHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Seche Environnement SA (XPAR:SCHP) » Definitions » ROCE %

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SECVY:USA SCB:Germany SCB:Germany

Address

Les Hetres, CS 20020, Change, FRA, 53811

Website

https://www.groupe-seche.com

Seche Environnement SA is a France-based company that offers waste management services. It accepts and treats various categories of waste, such as dispersed hazardous and non-hazardous, medical waste, and waste from electronic equipment. Geographically, the company operates in France, Europe, and Rest of the world..