Pandora Investments Public (CYS:PND) ROCE % : 0.88% (As of Jun. 2024)

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What is Pandora Investments Public 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. Pandora Investments Public's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.88%.

Pandora Investments Public ROCE % Historical Data

The historical data trend for Pandora Investments Public'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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Pandora Investments Public ROCE % Chart

Pandora Investments Public Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.33

2.66

2.87

2.66

-0.30

Pandora Investments Public 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															3.72	1.54	1.59	-2.17	0.88

Pandora Investments Public ROCE % Calculation

Pandora Investments Public'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 )
	=	-1.667	/	( ( (652.794 - 97.604)	+	(690.164 - 128.352) )	/ 2 )
	=	-1.667	/	( (555.19	+	561.812)	/ 2 )
	=	-1.667	/	558.501
	=	-0.30 %

Pandora Investments Public'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 )
	=	4.968	/	( ( (690.164 - 128.352)	+	(693.676 - 124.393) )	/ 2 )
	=	4.968	/	( ( 561.812	+	569.283 )	/ 2 )
	=	4.968	/	565.5475
	=	0.88 %

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

Pandora Investments Public (CYS:PND) 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.

Pandora Investments Public ROCE % Related Terms

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Pandora Investments Public Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pandora Investments Public Ltd (CYS:PND) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

111, Apostolou Pavlos Avenue, P.O.Box 60146, Paphos, CYP, 8406

Website

https://www.pandora.com.cy

Pandora Investments Public Ltd is a Cyprus-based company that engages in land investment, real estate development, and tourism businesses. Its projects include the development of Kamares and Olympus Villages, the tourist area of Vikla Village, the commercial and tourist area of Limnaria, Coral Bay beach, as well as the design and construction of Neapolis town.

Pandora Investments Public Headlines

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