Elisa Oyj (FRA:EIA) ROCE % : 19.74% (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Elisa 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. Elisa Oyj's annualized ROCE % for the quarter that ended in Dec. 2024 was 19.74%.

Elisa Oyj ROCE % Historical Data

The historical data trend for Elisa 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.

* Premium members only.

Elisa Oyj ROCE % Chart

Elisa Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

17.37

17.34

19.21

20.22

20.03

Elisa 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															20.38	18.36	20.78	22.94	19.74

Elisa Oyj ROCE % Calculation

Elisa 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 )
	=	486.5	/	( ( (3124.6 - 709.6)	+	(3356.4 - 913.6) )	/ 2 )
	=	486.5	/	( (2415	+	2442.8)	/ 2 )
	=	486.5	/	2428.9
	=	20.03 %

Elisa 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 )
	=	482	/	( ( (3190 - 750)	+	(3356.4 - 913.6) )	/ 2 )
	=	482	/	( ( 2440	+	2442.8 )	/ 2 )
	=	482	/	2441.4
	=	19.74 %

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

Elisa Oyj (FRA:EIA) 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.

Elisa Oyj ROCE % Related Terms

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

Elisa Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Elisa Oyj (FRA:EIA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ELMUY:USA ELISAh:UK 0I8Y:UK ELISA:Finland EIA:Germany

Address

Ratavartijankatu 5, Helsinki, FIN, 00520

Website

https://www.elisa.com

Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cable TV subscriptions, and Elisa Viihde entertainment service. The Corporate Customers segment provides corporate and public administration organizations with services such as IT and communication solutions for the digital environment and fixed and mobile subscriptions. The majority of revenue is generated from the Consumer Customers segment. The company generates the majority of its revenue in Finland.

Elisa Oyj Headlines

From GuruFocus

Stocks With High Dividend Yields

By Tiziano Frateschi Tiziano Frateschi • 04-13-2017

Natural Gas Prices Face Pressure Despite Storage Increase

By GuruFocus News • 10-24-2024