Scania AB (Scania AB) ROCE % : 11.47% (As of Dec. 2015)

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

What is Scania AB 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. Scania AB's annualized ROCE % for the quarter that ended in Dec. 2015 was 11.47%.

Scania AB ROCE % Historical Data

The historical data trend for Scania AB'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.

Scania AB ROCE % Chart

Scania AB Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

Get a 7-Day Free Trial

19.75

12.46

11.83

9.82

10.49

Scania AB Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
ROCE %	Get a 7-Day Free Trial															11.80	9.67	11.50	10.11	11.47

Scania AB ROCE % Calculation

Scania AB's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	1133.179	/	( ( (17438.556 - 5931.392)	+	(16631.543 - 6532.883) )	/ 2 )
	=	1133.179	/	( (11507.164	+	10098.66)	/ 2 )
	=	1133.179	/	10802.912
	=	10.49 %

Scania AB's ROCE % of for the quarter that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2015 )		(Q: Sep. 2015 )		(Q: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2015 )		(Q: Sep. 2015 )		(Q: Dec. 2015 )
	=	1214.532	/	( ( (16808.353 - 5731.601)	+	(16631.543 - 6532.883) )	/ 2 )
	=	1214.532	/	( ( 11076.752	+	10098.66 )	/ 2 )
	=	1214.532	/	10587.706
	=	11.47 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2015) EBIT data.

Scania AB (OTCPK:SVKBF) 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.

Scania AB ROCE % Related Terms

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

Scania AB (Scania AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Scania AB (OTCPK:SVKBF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.scania.com

Scania AB was founded in 1891. The Company is engaged in manufacturing & marketing heavy trucks, buses & engines for automotive & marine industries. It also offers spare parts, maintenance & driver training, short-term truck rentals and fleet management services & financing. The company's operations are divided into two different operating segments, the Vehicles and Services operating segment encompasses the following products: trucks, buses and engines, including the services associated with these products and the Financial Services operating segment provides financial solutions to Scania customers, such as loan financing, lease contracts and insurance solutions. The sales of the Company's products occur in all five geographic areas. Financial Services is found mainly in the European markets and to a lesser extent in the others. The Company's research and development work occurs in Sweden. Manufacturing of trucks, buses and industrial and marine engines occurs in Sweden, Argentina, Brazil, France, the Netherlands, Poland and Russia.

Scania AB (Scania AB) Headlines

No Headlines