Duni AB (LTS:0HR3) ROCE % : 9.55% (As of Mar. 2024)

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What is Duni 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. Duni AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.55%.

Duni AB ROCE % Historical Data

The historical data trend for Duni 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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Duni AB ROCE % Chart

Duni AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.45

1.06

4.15

7.47

13.29

Duni AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.51	11.63	16.41	14.83	9.55

Duni AB ROCE % Calculation

Duni AB'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 )
	=	673	/	( ( (7339 - 2076)	+	(6913 - 2046) )	/ 2 )
	=	673	/	( (5263	+	4867)	/ 2 )
	=	673	/	5065
	=	13.29 %

Duni AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	488	/	( ( (6913 - 2046)	+	(7302 - 1949) )	/ 2 )
	=	488	/	( ( 4867	+	5353 )	/ 2 )
	=	488	/	5110
	=	9.55 %

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

Duni AB (LTS:0HR3) 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.

Duni AB ROCE % Related Terms

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Duni AB (LTS:0HR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Duni AB (LTS:0HR3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DUNNF:USA DUNI:Sweden 2DU:Germany

Address

Box 237, Malmo, SWE, SE-201 22

Website

https://www.duni.com

Duni AB is a Sweden-based company that is principally engaged in supplying table-setting and take-away products. It aims to bring good-food-mood to eating and drinking occasions. The company offers napkins, candles, table coverings, plastic glasses, cups, cutlery, plates, service, and others for home use or to institutional customers, such as hotels, restaurants, caterers, and the public sector. The company operates through four business areas, tabletop concepts, meal service, consumer, new markets. The tabletop concepts business accounts for the majority of the company's total revenue. The company generates most of its revenue from Europe, with the rest from other areas of the world.

Duni AB (LTS:0HR3) Headlines

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