What is the ROCE (Return on Capital Employed) of Codere this year?
The ROCE of Codere is 0 undefined this year.
Codere ROCE 2024
Codere ROCE
0
Ticker
CDR.MC
ISIN
ES0119256032
WKN
A2H7MG
In 2024, Codere's return on capital employed (ROCE) was 0, a 0% increase from the 0 ROCE in the previous year.
Codere Aktienanalyse
What does Codere do?
Codere SA is a Madrid-based company specializing in gambling and betting. The company was founded in 1980 by the Franco family and has been listed on the stock exchange since 2007. Originally started as a manufacturer of slot machines, Codere has become a leading provider of gambling and betting services in Latin America, Europe, and Asia over the years. The company currently operates over 56,000 gambling terminals and 146 casinos in nine countries. Codere's business model is focused on providing customers with a comprehensive range of gambling and betting services. The company operates not only land-based casinos but also offers online betting and gaming. It is heavily involved in Latin America and has entered into several strategic partnerships with major local operators. Codere is divided into four business segments: Gaming Machines, Sports Betting, Casinos, and Online Gaming. The Gaming Machines segment includes the design, production, and operation of electronic slot machines and other gambling terminals. The Sports Betting segment operates sports betting locations and offers online betting. The Casinos segment operates casinos and gaming halls in various countries, while Online Gaming focuses on providing online casino and poker services. Codere offers a wide range of gambling and betting services, as well as other entertainment options. The company offers a variety of slot machines and terminal games, including classic slots, video slots, video poker, roulette, and blackjack. It also offers betting on a variety of sports and events, including football, tennis, and horse racing. Codere also operates land-based casinos in Latin America and Spain, offering a wide range of games such as roulette, blackjack, poker, and more. The company has also heavily focused on online gaming, offering a wide range of online casino games and poker games on multiple platforms such as websites and mobile apps. Codere has established itself as a trusted and responsible operator in the industry. It is known for its commitment to responsible gambling and has implemented measures such as employee training programs and self-help programs for players. In recent years, Codere has pursued a robust growth strategy, expanding into new markets and diversifying its offering of gambling and betting services. The company has also invested in technological innovations to ensure it provides customers with the best possible experience, whether in land-based casinos or online. Overall, Codere SA has become a key player in the gambling industry over the years. The company has built a wide range of products and services and continues to expand into new markets. With its commitment to responsible gambling and investments in technological innovations, Codere is well-positioned to continue its success in the future. Codere ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Codere's Return on Capital Employed (ROCE)
Codere's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Codere's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Codere's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Codere’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Codere stock
How has the ROCE (Return on Capital Employed) of Codere developed compared to the previous year?
The ROCE of Codere has increased by 0% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Codere?
A high Return on Capital Employed (ROCE) indicates that Codere has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Codere?
A low ROCE (Return on Capital Employed) can indicate that Codere has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Codere impact the company?
An increase in the ROCE of Codere can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Codere affect the company?
A decrease in ROCE of Codere can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Codere?
Some factors that can affect Codere's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Codere so important for investors?
The ROCE of Codere is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Codere take to improve the ROCE?
To improve the ROCE, Codere can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Codere pay?
Over the past 12 months, Codere paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Codere is expected to pay a dividend of 0 EUR.
What is the dividend yield of Codere?
The current dividend yield of Codere is .
When does Codere pay dividends?
Codere pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Codere?
Codere paid dividends every year for the past 0 years.
What is the dividend of Codere?
For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.
In which sector is Codere located?
Codere is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Codere kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Codere from 11/26/2024 amounting to 0 EUR, you needed to have the stock in your portfolio before the ex-date on 11/26/2024.
When did Codere pay the last dividend?
The last dividend was paid out on 11/26/2024.
What was the dividend of Codere in the year 2023?
In the year 2023, Codere distributed 0 EUR as dividends.
In which currency does Codere pay out the dividend?
The dividends of Codere are distributed in EUR.
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Andere Kennzahlen von Codere
Our stock analysis for Codere Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Codere Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.