Stillfront Group AB (OSTO:SF) ROCE % : 2.00% (As of Mar. 2024)

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What is Stillfront Group 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. Stillfront Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.00%.

Stillfront Group AB ROCE % Historical Data

The historical data trend for Stillfront Group 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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Stillfront Group AB ROCE % Chart

Stillfront Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.42

13.29

6.77

5.62

3.03

Stillfront Group 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															3.68	2.02	2.26	4.02	2.00

Stillfront Group AB ROCE % Calculation

Stillfront Group 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 )
	=	657	/	( ( (24126 - 1975)	+	(22605 - 1449) )	/ 2 )
	=	657	/	( (22151	+	21156)	/ 2 )
	=	657	/	21653.5
	=	3.03 %

Stillfront Group 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 )
	=	428	/	( ( (22605 - 1449)	+	(23694 - 2130) )	/ 2 )
	=	428	/	( ( 21156	+	21564 )	/ 2 )
	=	428	/	21360
	=	2.00 %

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

Stillfront Group AB (OSTO:SF) 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.

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Stillfront Group AB (OSTO:SF) Business Description

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STLFF:USA 0A2A:UK 1YS0:Germany

Address

Kungsgatan 38, Stockholm, SWE, SE-111 35

Website

https://www.stillfront.com

Stillfront Group AB is a Swedish game development company focusing on the free-to-play segment. The company has a diversified portfolio of games and focuses on games with long lifecycles and loyal users. Stillfront group consists of game studios in different countries and the company's main markets are the US, Europe, and the MENA region. The studios owned by the group include Goodgame Studios, Storm8, and Babil Games.