Kemira Oyj (FRA:KEM) ROCE % : 10.77% (As of Dec. 2024)

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What is Kemira 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. Kemira Oyj's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.77%.

Kemira Oyj ROCE % Historical Data

The historical data trend for Kemira 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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Kemira Oyj ROCE % Chart

Kemira Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.80

7.72

13.53

12.82

14.85

Kemira 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															0.21	18.29	15.48	15.91	10.77

Kemira Oyj ROCE % Calculation

Kemira 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 )
	=	374.7	/	( ( (3489.3 - 989.8)	+	(3381 - 835.5) )	/ 2 )
	=	374.7	/	( (2499.5	+	2545.5)	/ 2 )
	=	374.7	/	2522.5
	=	14.85 %

Kemira 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 )
	=	268	/	( ( (3266.1 - 833.8)	+	(3381 - 835.5) )	/ 2 )
	=	268	/	( ( 2432.3	+	2545.5 )	/ 2 )
	=	268	/	2488.9
	=	10.77 %

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

Kemira Oyj (FRA:KEM) 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.

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Kemira Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kemira Oyj (FRA:KEM) » Definitions » ROCE %

Traded in Other Exchanges

KOYJF:USA 0MGG:UK KEMIRA:Finland KEM:Germany

Address

Energiakatu 4, P.O. Box 330, Helsinki, FIN, 00180

Website

https://www.kemira.com

Kemira Oyj is a chemicals company serving customers in water-intensive industries. It provides expertise in applications and chemicals that improve customers' efficient use of water, energy, and raw materials. Its product offerings include biocides, barrier coatings, biocides and preservatives for pulp and paper, bleaching chemicals, chemical flocculants, defoamers, etc. Along with its subsidiaries, the company's operating business segments are; Pulp & Paper and Industry & Water. Maximum revenue is generated from its Pulp & Paper segment which offers additives, biocides, preservatives, and other chemicals for the pulp and paper industry. Geographically, the company derives its key revenue from EMEA (Europe, Middle East, Africa) followed by the Americas and the Asia-Pacific region.