Dometic Group AB (Dometic Group AB) ROCE %

: 3.01% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

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. Dometic Group AB's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.01%.

Dometic Group AB ROCE % Historical Data

The historical data trend for Dometic 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.

* Premium members only.

Dometic Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

7.26

5.89

6.91

6.14

Dometic Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																4.00	5.79	8.16	6.55	3.01

Dometic Group AB ROCE % Calculation

Dometic 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 )
	=	280.377	/	( ( (5535.845 - 1060.609)	+	(5275.99 - 621.198) )	/ 2 )
	=	280.377	/	( (4475.236	+	4654.792)	/ 2 )
	=	280.377	/	4565.014
	=	6.14 %

Dometic Group 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: 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 )
	=	138.044	/	( ( (5153.904 - 630.413)	+	(5275.99 - 621.198) )	/ 2 )
	=	138.044	/	( ( 4523.491	+	4654.792 )	/ 2 )
	=	138.044	/	4589.1415
	=	3.01 %

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

Dometic Group AB (OTCPK:DTCGF) 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.

Dometic Group AB ROCE % Related Terms

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

Dometic Group AB (Dometic Group AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dometic Group AB (OTCPK:DTCGF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DOM:Sweden DOMs:UK 0RCO:UK D00:Germany

Address

Hemvarnsgatan 15, 6th Floor, Solna, SWE, SE-171 54

Website

https://www.dometic.com

Dometic Group AB provides leisure products for recreational vehicles (RV), marine and commercial and passenger vehicles (CPV) markets. It provides branded solutions for mobile living in the areas of climate, Power & Control, hygiene and sanitation, and food and beverage. It serves the market with a complete range of air conditioners, refrigerators, awnings, cookers, sanitation, lighting, mobile power equipment, windows, doors, and other comfort and safety products that make life away from home more comfortable. The group is organized into four regions, Europe, Middle East and Africa (EMEA), the Americas, Asia Pacific (APAC), and other countries.

Dometic Group AB (Dometic Group AB) Headlines

From GuruFocus

Bernard Horn's Polaris Global Value Fund 3rd-Quarter Letter

By Sydnee Gatewood Sydnee Gatewood • 10-22-2020

Dometic Enters Residential Market With Premium Outdoor Products

By PRNewswire PRNewswire • 03-11-2020

Bernard Horn Comments on Dometic Group

By Sydnee Gatewood Sydnee Gatewood • 03-05-2021

Bernard Horn Comments on Dometic

By Sydnee Gatewood Sydnee Gatewood • 10-22-2020