Pandox AB (FRA:POX) ROCE % : 3.25% (As of Sep. 2024)

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What is Pandox 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. Pandox AB's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.25%.

Pandox AB ROCE % Historical Data

The historical data trend for Pandox 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.

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Pandox AB ROCE % Chart

Pandox AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.21

-0.96

3.04

10.38

2.61

Pandox AB 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															5.72	-1.47	6.15	8.56	3.25

Pandox AB ROCE % Calculation

Pandox AB'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 )
	=	141.694	/	( ( (6841.862 - 1592.92)	+	(6544.585 - 951.99) )	/ 2 )
	=	141.694	/	( (5248.942	+	5592.595)	/ 2 )
	=	141.694	/	5420.7685
	=	2.61 %

Pandox AB'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 )
	=	195.544	/	( ( (6658.468 - 824.734)	+	(6945.161 - 747.295) )	/ 2 )
	=	195.544	/	( ( 5833.734	+	6197.866 )	/ 2 )
	=	195.544	/	6015.8
	=	3.25 %

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

Pandox AB (FRA:POX) 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.

Pandox AB ROCE % Related Terms

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Pandox AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pandox AB (FRA:POX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PNDXF:USA PNDX B:Sweden PNDXBs:UK 0R8U:UK

Address

Vasagatan 11, 9th floor, Box 15, Stockholm, SWE, SE-101 20

Website

https://www.pandox.se

Pandox AB is an owner of hotel properties. The company organizes operations into two segments namely, Lease and Own operations. In Owns Operation Activities, Pandox both owns hotel properties and runs the hotel operations. The company is active in various countries in Northern Europe.

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