Olav Thon Eiendomsselskap (OSTO:OLTO) ROCE % : -10.50% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Olav Thon Eiendomsselskap 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. Olav Thon Eiendomsselskap's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.50%.

Olav Thon Eiendomsselskap ROCE % Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap ROCE % Chart

Olav Thon Eiendomsselskap Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.87

2.00

10.00

6.76

-1.93

Olav Thon Eiendomsselskap Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-3.88	3.18	2.79	-3.34	-10.50

Olav Thon Eiendomsselskap ROCE % Calculation

Olav Thon Eiendomsselskap'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 )
	=	-1115	/	( ( (62584 - 4070)	+	(60501 - 3184) )	/ 2 )
	=	-1115	/	( (58514	+	57317)	/ 2 )
	=	-1115	/	57915.5
	=	-1.93 %

Olav Thon Eiendomsselskap's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-6072	/	( ( (62205 - 3863)	+	(60501 - 3184) )	/ 2 )
	=	-6072	/	( ( 58342	+	57317 )	/ 2 )
	=	-6072	/	57829.5
	=	-10.50 %

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

Olav Thon Eiendomsselskap (OSTO:OLTO) 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.

Olav Thon Eiendomsselskap ROCE % Related Terms

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

Olav Thon Eiendomsselskap (OSTO:OLTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Olav Thon Eiendomsselskap (OSTO:OLTO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OLT:Norway 8IL:Germany

Address

Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105

Website

https://www.olt.no

Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

Olav Thon Eiendomsselskap (OSTO:OLTO) Headlines

No Headlines