Clas Ohlson AB (LTS:0GQE) ROCE % : 54.60% (As of Jan. 2024)

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What is Clas Ohlson 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. Clas Ohlson AB's annualized ROCE % for the quarter that ended in Jan. 2024 was 54.60%.

Clas Ohlson AB ROCE % Historical Data

The historical data trend for Clas Ohlson 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.

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Clas Ohlson AB ROCE % Chart

Clas Ohlson AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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4.10

18.88

15.98

18.90

9.62

Clas Ohlson AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															30.91	-0.84	-2.20	34.72	54.60

Clas Ohlson AB ROCE % Calculation

Clas Ohlson AB's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	308.4	/	( ( (5948.6 - 2262.6)	+	(5109.7 - 2385.2) )	/ 2 )
	=	308.4	/	( (3686	+	2724.5)	/ 2 )
	=	308.4	/	3205.25
	=	9.62 %

Clas Ohlson AB's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	1698.4	/	( ( (5564.4 - 2621.7)	+	(6023.8 - 2745.8) )	/ 2 )
	=	1698.4	/	( ( 2942.7	+	3278 )	/ 2 )
	=	1698.4	/	3110.35
	=	54.60 %

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

Clas Ohlson AB (LTS:0GQE) 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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Clas Ohlson AB (LTS:0GQE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Clas Ohlson AB (LTS:0GQE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CLAS B:Sweden OHCB:Germany

Address

Municipality of Leksand, Insjon, SWE, 793 85

Website

https://www.clasohlson.se

Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

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