Nemetschek SE (XTER:NEM) ROCE % : 24.66% (As of Mar. 2024)

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What is Nemetschek SE 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. Nemetschek SE's annualized ROCE % for the quarter that ended in Mar. 2024 was 24.66%.

Nemetschek SE ROCE % Historical Data

The historical data trend for Nemetschek SE'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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Nemetschek SE ROCE % Chart

Nemetschek SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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33.23

20.86

27.06

27.28

24.92

Nemetschek SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															23.16	21.32	27.98	28.28	24.66

Nemetschek SE ROCE % Calculation

Nemetschek SE'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 )
	=	207.819	/	( ( (1198.128 - 403.841)	+	(1274.332 - 400.616) )	/ 2 )
	=	207.819	/	( (794.287	+	873.716)	/ 2 )
	=	207.819	/	834.0015
	=	24.92 %

Nemetschek SE's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	221.208	/	( ( (1274.332 - 400.616)	+	(1378.95 - 458.666) )	/ 2 )
	=	221.208	/	( ( 873.716	+	920.284 )	/ 2 )
	=	221.208	/	897
	=	24.66 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Nemetschek SE (XTER:NEM) 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.

Nemetschek SE ROCE % Related Terms

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Nemetschek SE (XTER:NEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nemetschek SE (XTER:NEM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NEMKY:USA NEMTF:USA 1NEMX:Italy NEMd:UK 0FDT:UK NEM:Austria

Address

Konrad-Zuse-Platz 1, Munich, BY, DEU, 81829

Website

https://www.nemetschek.com

Nemetschek is a German company that makes software products for the architecture, engineering, and construction industry mainly, but also for the media and entertainment industry. Its software solutions cover the entire life cycle of building and infrastructure projects (design, build, and manage). In media and entertainment, it is one of the world's leading providers of software for the creation of 3D animation and visual effects in movies, TV shows, and gaming.

Executives

Professor Georg Nemetschek

Honorary Chairman of the Supervisory Board