Componenta Oyj (OHEL:CTH1V) ROCE % : 5.79% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Componenta Oyj 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. Componenta Oyj's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.79%.

Componenta Oyj ROCE % Historical Data

The historical data trend for Componenta Oyj'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.

Componenta Oyj ROCE % Chart

Componenta Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-4.48

-5.48

2.09

3.88

9.98

Componenta Oyj Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															2.62	6.23	1.63	13.81	5.79

Componenta Oyj ROCE % Calculation

Componenta Oyj'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 )
	=	3.588	/	( ( (58.565 - 24.114)	+	(57.29 - 19.806) )	/ 2 )
	=	3.588	/	( (34.451	+	37.484)	/ 2 )
	=	3.588	/	35.9675
	=	9.98 %

Componenta Oyj'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 )
	=	2.18	/	( ( (62.192 - 24.312)	+	(57.29 - 19.806) )	/ 2 )
	=	2.18	/	( ( 37.88	+	37.484 )	/ 2 )
	=	2.18	/	37.682
	=	5.79 %

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

Componenta Oyj (OHEL:CTH1V) 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.

Componenta Oyj ROCE % Related Terms

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

Componenta Oyj (OHEL:CTH1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Componenta Oyj (OHEL:CTH1V) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1CA0:Germany

Address

Teknobulevardi 7, Vantaa, FIN, FI-01530

Website

https://www.componenta.com

Componenta Oyj is a Finland-based company that manufactures cast and machined metal components, forged blanks, pipe products, and metal sheet cuttings. It provides services throughout the supply chain, including procedure design, casting, machining, metal sheet cutting, pipe products, forged blanks, surface treatments, and logistics services, thus creating value-added total solutions for customers. Geographic areas are Finland, Germany, Sweden, and other European countries, and the majority of the revenue comes from Finland.

Componenta Oyj (OHEL:CTH1V) Headlines

No Headlines