MTLS (Materialise NV) ROCE % : 9.29% (As of Jun. 2024)

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What is Materialise NV 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. Materialise NV's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.29%.

Materialise NV ROCE % Historical Data

The historical data trend for Materialise NV'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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Materialise NV ROCE % Chart

Materialise NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.50

-2.45

5.56

0.27

2.90

Materialise NV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															0.94	6.86	-4.37	6.75	9.29

Materialise NV ROCE % Calculation

Materialise NV'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 )
	=	9.294	/	( ( (435.659 - 112.409)	+	(432.53 - 114.449) )	/ 2 )
	=	9.294	/	( (323.25	+	318.081)	/ 2 )
	=	9.294	/	320.6655
	=	2.90 %

Materialise NV's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	28.924	/	( ( (428.52 - 116.052)	+	(428.025 - 118.04) )	/ 2 )
	=	28.924	/	( ( 312.468	+	309.985 )	/ 2 )
	=	28.924	/	311.2265
	=	9.29 %

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

Materialise NV (NAS:MTLS) 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.

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Materialise NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Materialise NV (NAS:MTLS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

06MA:Germany

Address

Technologielaan 15, Leuven, BEL, 3001

Website

https://www.materialise.com

Materialise NV is a provider of 3D printing services. The products and services of the group are organized in three segments: Medical segment, which develops and delivers medical software solutions, medical devices, and other related products and services; Software segment, which develops and delivers additive manufacturing software solutions and related services; and Manufacturing segment, which delivers 3D printed products and related services. Its geographical segments are the United States, the Americas (excluding the USA), Belgium, Germany, Poland, France, Switzerland, the United Kingdom, Italy, the Netherlands, Other Europe, and the Asia Pacific.