Preservia Hyresfastigheter AB (NGM:PHYR B) ROCE % : -2.45% (As of Dec. 2023)

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What is Preservia Hyresfastigheter 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. Preservia Hyresfastigheter AB's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.45%.

Preservia Hyresfastigheter AB ROCE % Historical Data

The historical data trend for Preservia Hyresfastigheter 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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Preservia Hyresfastigheter AB ROCE % Chart

Preservia Hyresfastigheter AB Annual Data

Trend

Dec15

Dec16

Dec17

Apr20

Apr21

Apr22

ROCE %

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5.13

-8.68

-5.55

-9.15

-0.72

Preservia Hyresfastigheter AB Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-5.59	2.39	-3.78	-8.39	-2.45

Preservia Hyresfastigheter AB ROCE % Calculation

Preservia Hyresfastigheter AB's annualized ROCE % for the fiscal year that ended in Apr. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2022 )		(A: Apr. 2021 )		(A: Apr. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2022 )		(A: Apr. 2021 )		(A: Apr. 2022 )
	=	-0.698	/	( ( (98.645 - 2.446)	+	(97.633 - 0.416) )	/ 2 )
	=	-0.698	/	( (96.199	+	97.217)	/ 2 )
	=	-0.698	/	96.708
	=	-0.72 %

Preservia Hyresfastigheter AB'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1.956	/	( ( (82.218 - 0.258)	+	(77.99 - 0.229) )	/ 2 )
	=	-1.956	/	( ( 81.96	+	77.761 )	/ 2 )
	=	-1.956	/	79.8605
	=	-2.45 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Preservia Hyresfastigheter AB (NGM:PHYR B) 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.

Preservia Hyresfastigheter AB ROCE % Related Terms

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Preservia Hyresfastigheter AB (NGM:PHYR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Preservia Hyresfastigheter AB (NGM:PHYR B) » Definitions » ROCE %

Traded in Other Exchanges

PHYR.PREF.PFD:Sweden

Address

Vasagatan 7 A, Stockholm, SWE, 111 20

Website

http://www.preservia.se

Preservia Hyresfastigheter AB is an investor and developer of housing with a focus on rental apartments. The company owns two projects for the development of homes in Gavle and Balsta. It generates revenue through the development and sale of the properties and through the net operating income of investment properties.

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