Karnov Group AB (FRA:3UA) ROCE % : 4.13% (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Karnov Group AB 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. Karnov Group AB's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.13%.

Karnov Group AB ROCE % Historical Data

The historical data trend for Karnov 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.

Karnov Group AB ROCE % Chart

Karnov Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

5.09

3.58

1.68

3.45

3.00

Karnov Group AB 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															4.44	4.27	1.87	1.74	4.13

Karnov Group AB ROCE % Calculation

Karnov Group AB'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 )
	=	14.101	/	( ( (619.746 - 162.712)	+	(651.078 - 169.518) )	/ 2 )
	=	14.101	/	( (457.034	+	481.56)	/ 2 )
	=	14.101	/	469.297
	=	3.00 %

Karnov Group AB'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 )
	=	19.892	/	( ( (640.759 - 158.25)	+	(651.078 - 169.518) )	/ 2 )
	=	19.892	/	( ( 482.509	+	481.56 )	/ 2 )
	=	19.892	/	482.0345
	=	4.13 %

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

Karnov Group AB (FRA:3UA) 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.

Karnov Group AB ROCE % Related Terms

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

Karnov Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Karnov Group AB (FRA:3UA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KAR:Sweden 0A39:UK

Address

Warfvinges vag 39, Stockholm, SWE, 112 51

Website

https://www.karnovgroup.com

Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov, Norstedts Juridik, Notisum, Legal Cross Border, Forlaget Andersen, LEXNordics and DIBkunnskap. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.

Karnov Group AB Headlines

No Headlines