Hampidjan HF (OISE:HAMP) ROCE % : 4.99% (As of Dec. 2023)

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What is Hampidjan HF 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. Hampidjan HF's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.99%.

Hampidjan HF ROCE % Historical Data

The historical data trend for Hampidjan HF'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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Hampidjan HF ROCE % Chart

Hampidjan HF Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.78

11.70

10.69

8.87

8.91

Hampidjan HF Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															7.77	7.13	-	4.91	4.99

Hampidjan HF ROCE % Calculation

Hampidjan HF'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 )
	=	4255.215	/	( ( (43534.592 - 8332.584)	+	(74322.617 - 13997.281) )	/ 2 )
	=	4255.215	/	( (35202.008	+	60325.336)	/ 2 )
	=	4255.215	/	47763.672
	=	8.91 %

Hampidjan HF'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2940.76	/	( ( (73737.165 - 16263.44)	+	(74322.617 - 13997.281) )	/ 2 )
	=	2940.76	/	( ( 57473.725	+	60325.336 )	/ 2 )
	=	2940.76	/	58899.5305
	=	4.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Hampidjan HF (OISE:HAMP) 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.

Hampidjan HF ROCE % Related Terms

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Hampidjan HF (OISE:HAMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hampidjan HF (OISE:HAMP) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Skarfagaroar 4, Reykjavik, ISL

Website

http://www.hampidjan.is

Hampidjan HF is engaged in the manufacturing of pelagic trawls for species such as redfish, blue whiting, herring & bottom trawls for species such as shrimp, langoustine, among others. It also manufactures ropes used in marine and offshore industry. Its products used for fishing, military, lifting, mooring, tugging.

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