Uestra Hannoversche Verkehrsbetriebe AG (HAM:HVB) ROCE % : -10.05% (As of Dec. 2023)

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What is Uestra Hannoversche Verkehrsbetriebe AG 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. Uestra Hannoversche Verkehrsbetriebe AG's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.05%.

Uestra Hannoversche Verkehrsbetriebe AG ROCE % Historical Data

The historical data trend for Uestra Hannoversche Verkehrsbetriebe AG'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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Uestra Hannoversche Verkehrsbetriebe AG ROCE % Chart

Uestra Hannoversche Verkehrsbetriebe AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-7.10

-11.17

-10.19

-5.46

-12.77

Uestra Hannoversche Verkehrsbetriebe AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															2.70	-6.10	-5.05	-14.41	-10.05

Uestra Hannoversche Verkehrsbetriebe AG ROCE % Calculation

Uestra Hannoversche Verkehrsbetriebe AG'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 )
	=	-64.349	/	( ( (542.388 - 46.315)	+	(585.845 - 73.771) )	/ 2 )
	=	-64.349	/	( (496.073	+	512.074)	/ 2 )
	=	-64.349	/	504.0735
	=	-12.77 %

Uestra Hannoversche Verkehrsbetriebe AG's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-53.368	/	( ( (599.943 - 50.304)	+	(585.845 - 73.771) )	/ 2 )
	=	-53.368	/	( ( 549.639	+	512.074 )	/ 2 )
	=	-53.368	/	530.8565
	=	-10.05 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Uestra Hannoversche Verkehrsbetriebe AG (HAM:HVB) 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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Uestra Hannoversche Verkehrsbetriebe AG (HAM:HVB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Uestra Hannoversche Verkehrsbetriebe AG (HAM:HVB) » Definitions » ROCE %

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Traded in Other Exchanges

HVB:Germany

Address

Am Hohen Ufer 6, Hannover, DEU, 30159

Website

http://www.uestra.de

Uestra Hannoversche Verkehrsbetriebe AG is a Germany-based company that provides public transportation in the German city Hannover. It manages and operates light rail transit and buses in the Hannover Metropolitan area. The company also provides transportation consulting and travel services.

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