StrongPoint ASA (OSL:STRO) ROCE % : -7.93% (As of Mar. 2024)

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

What is StrongPoint ASA 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. StrongPoint ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was -7.93%.

StrongPoint ASA ROCE % Historical Data

The historical data trend for StrongPoint ASA'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.

StrongPoint ASA ROCE % Chart

StrongPoint ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.77

5.80

7.43

-5.79

StrongPoint ASA 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															6.29	0.80	-6.93	-23.41	-7.93

StrongPoint ASA ROCE % Calculation

StrongPoint ASA'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 )
	=	-34.11	/	( ( (985.64 - 389.923)	+	(1014.49 - 431.182) )	/ 2 )
	=	-34.11	/	( (595.717	+	583.308)	/ 2 )
	=	-34.11	/	589.5125
	=	-5.79 %

StrongPoint ASA'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 )
	=	-45.876	/	( ( (1014.49 - 431.182)	+	(1022.748 - 448.682) )	/ 2 )
	=	-45.876	/	( ( 583.308	+	574.066 )	/ 2 )
	=	-45.876	/	578.687
	=	-7.93 %

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

StrongPoint ASA (OSL:STRO) 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.

StrongPoint ASA ROCE % Related Terms

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

StrongPoint ASA (OSL:STRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongPoint ASA (OSL:STRO) » Definitions » ROCE %

Traded in Other Exchanges

PSIo:Sweden PGT:Germany

Address

Slynga 10, Raelingen, NOR, 2005

Website

https://www.strongpoint.com

StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.