Paragon GmbH KGaA (XTER:PGN) ROCE % : 34.42% (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Paragon GmbH KGaA 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. Paragon GmbH KGaA's annualized ROCE % for the quarter that ended in Sep. 2023 was 34.42%.

Paragon GmbH KGaA ROCE % Historical Data

The historical data trend for Paragon GmbH KGaA'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.

* Premium members only.

Paragon GmbH KGaA ROCE % Chart

Paragon GmbH KGaA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

5.45

-55.88

-11.10

-2.46

-6.05

Paragon GmbH KGaA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-6.93	-10.86	3.62	5.14	34.42

Paragon GmbH KGaA ROCE % Calculation

Paragon GmbH KGaA'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 )
	=	-3.012	/	( ( (159.669 - 128.068)	+	(172.542 - 104.503) )	/ 2 )
	=	-3.012	/	( (31.601	+	68.039)	/ 2 )
	=	-3.012	/	49.82
	=	-6.05 %

Paragon GmbH KGaA'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	16.352	/	( ( (122.216 - 76.573)	+	(122.585 - 73.212) )	/ 2 )
	=	16.352	/	( ( 45.643	+	49.373 )	/ 2 )
	=	16.352	/	47.508
	=	34.42 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Paragon GmbH KGaA (XTER:PGN) 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.

Paragon GmbH KGaA ROCE % Related Terms

Thank you for viewing the detailed overview of Paragon GmbH KGaA's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Paragon GmbH KGaA (XTER:PGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Paragon GmbH & Co KGaA (XTER:PGN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PGN:Germany PGN:Germany

Address

Bosendamm 11, Delbruck, DEU, 33129

Website

https://www.paragon.ag

Paragon GmbH & Co KGaA develops and manufactures electronic components and sensors for the automotive industry. The business activity of the firm is operated in two segments namely Electronics and Mechanics. The Electronics segment that derives the majority of revenue sells air-quality sensors, high-end acoustic systems, and display instruments. The Mechanics segment focuses on adjustable body components such as adaptively extendable spoilers. Geographically all the activity of the firm functions through Germany, however, it also holds a presence at the international level.

Executives

Klaus Dieter Frers

Managing Director of the general partner

Paragon GmbH KGaA (XTER:PGN) Headlines

No Headlines