FKRAF (Fiskars Oyj) ROCE % : -0.13% (As of Sep. 2024)

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What is Fiskars 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. Fiskars Oyj's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.13%.

Fiskars Oyj ROCE % Historical Data

The historical data trend for Fiskars 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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Fiskars Oyj ROCE % Chart

Fiskars Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.56

10.49

15.62

12.65

8.94

Fiskars Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															5.04	14.09	1.97	0.09	-0.13

Fiskars Oyj ROCE % Calculation

Fiskars Oyj'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 )
	=	116.903	/	( ( (1682.521 - 518.326)	+	(1913.74 - 463.359) )	/ 2 )
	=	116.903	/	( (1164.195	+	1450.381)	/ 2 )
	=	116.903	/	1307.288
	=	8.94 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-1.776	/	( ( (1827.772 - 470.075)	+	(1817.758 - 426.97) )	/ 2 )
	=	-1.776	/	( ( 1357.697	+	1390.788 )	/ 2 )
	=	-1.776	/	1374.2425
	=	-0.13 %

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

Fiskars Oyj (OTCPK:FKRAF) 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.

Fiskars Oyj ROCE % Related Terms

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Fiskars Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fiskars Oyj (OTCPK:FKRAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0L9Q:UK FSKRS:Finland A8X:Germany

Address

Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151

Website

https://www.fiskarsgroup.com

Fiskars Oyj is a global home of design-driven brands for indoor and outdoor living. The company is organized in two business areas Vita and Fiskars. The business area Vita offers premium and luxury products for the tableware, drinkware, jewelry and interior categories. It comprises brands such as Iittala, Georg Jensen, Royal Copenhagen, Moomin Arabia and Wedgwood. The business area Fiskars consists of the gardening, watering and outdoor categories as well as the scissors and creating, and cooking categories. The brands include Fiskars and Gerber. Fiskars Group's reporting segments are; Vita, Fiskars and Other. The company's brands are present in more than 100 countries in Asia-Pacific, Europe and the Americas.