Cargotec Oyj (CHIX:CGCBVH) ROCE % : 12.66% (As of Dec. 2024)

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What is Cargotec 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. Cargotec Oyj's annualized ROCE % for the quarter that ended in Dec. 2024 was 12.66%.

Cargotec Oyj ROCE % Historical Data

The historical data trend for Cargotec 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.

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Cargotec Oyj ROCE % Chart

Cargotec Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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2.34

13.70

3.82

8.45

11.30

Cargotec Oyj Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															6.41	12.37	12.40	18.81	12.66

Cargotec Oyj ROCE % Calculation

Cargotec Oyj's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	223.8	/	( ( (4376.5 - 1710.8)	+	(2450.1 - 1154.6) )	/ 2 )
	=	223.8	/	( (2665.7	+	1295.5)	/ 2 )
	=	223.8	/	1980.6
	=	11.30 %

Cargotec Oyj's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	178	/	( ( (2511.6 - 995.3)	+	(2450.1 - 1154.6) )	/ 2 )
	=	178	/	( ( 1516.3	+	1295.5 )	/ 2 )
	=	178	/	1405.9
	=	12.66 %

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

Cargotec Oyj (CHIX:CGCBVh) 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.

Cargotec Oyj ROCE % Related Terms

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Cargotec Oyj Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0MGH:UK CGCBV:Finland C1C1:Germany

Address

Itamerenkatu 25, Helsinki, FIN, 00180

Website

https://www.cargotec.com

Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. The majority of sales derive from distributing products, but a world-wide network offers services and components. Customers range from small businesses to large national organizations. The company has also established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.

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