For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Anpario is: ...
Magna International is undervalued with a trailing P/E of 7.01x and EV/EBITDA of 4.55x, presenting a 23% margin of safety. Learn more on MGA stock here.
Revenue decreased -15.1% to EUR 45.4 million (53.5)EBIT decreased -11.6% to EUR 3.6 million (4.0) and the EBIT margin increased ...