Swiss Prime Site AG (CHIX:SPSNZ) ROCE % : 3.72% (As of Jun. 2024)

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What is Swiss Prime Site AG 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. Swiss Prime Site AG's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.72%.

Swiss Prime Site AG ROCE % Historical Data

The historical data trend for Swiss Prime Site AG'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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Swiss Prime Site AG ROCE % Chart

Swiss Prime Site AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.97

6.91

5.79

4.20

1.06

Swiss Prime Site AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															5.52	2.93	1.46	0.64	3.72

Swiss Prime Site AG ROCE % Calculation

Swiss Prime Site AG'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 )
	=	138.612	/	( ( (13771.222 - 724.048)	+	(13778.265 - 761.187) )	/ 2 )
	=	138.612	/	( (13047.174	+	13017.078)	/ 2 )
	=	138.612	/	13032.126
	=	1.06 %

Swiss Prime Site AG's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	478.318	/	( ( (13778.265 - 761.187)	+	(13977.796 - 1311.542) )	/ 2 )
	=	478.318	/	( ( 13017.078	+	12666.254 )	/ 2 )
	=	478.318	/	12841.666
	=	3.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Swiss Prime Site AG (CHIX:SPSNz) 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.

Swiss Prime Site AG ROCE % Related Terms

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Swiss Prime Site AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Swiss Prime Site AG (CHIX:SPSNz) » Definitions » ROCE %

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0QOG:UK SPSN:Switzerland

Address

Alpenstrasse 15, Zug, CHE, 6300

Website

https://www.sps.swiss

Swiss Prime Site AG is a real estate company based in Switzerland. Its segments include: Real Estate, Asset Management, Retail, Corporate and Shared Services. The Real Estate segment consists of the firm's core real estate activities (the purchase, sale, lease, and development of properties) and financing of these activities. Asset Management includes the fund business, asset management and investment advisory. Retail segment consists of operation of department stores, and Corporate and Shared Services includes central group functions as well as internal services that are provided centrally. Majority of the revenue is generated from the Real Estate segment.

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