Kesko Oyj (Kesko Oyj) ROCE % : 8.18% (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Kesko 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. Kesko Oyj's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.18%.

Kesko Oyj ROCE % Historical Data

The historical data trend for Kesko 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.

Kesko Oyj ROCE % Chart

Kesko Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.12

14.20

17.26

17.74

14.61

Kesko Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															11.30	18.73	17.45	13.13	8.18

Kesko Oyj ROCE % Calculation

Kesko Oyj'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 )
	=	776.227	/	( ( (7917.373 - 2962.394)	+	(8456.161 - 2787.023) )	/ 2 )
	=	776.227	/	( (4954.979	+	5669.138)	/ 2 )
	=	776.227	/	5312.0585
	=	14.61 %

Kesko Oyj's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	448.696	/	( ( (8456.161 - 2787.023)	+	(8818.152 - 3516.087) )	/ 2 )
	=	448.696	/	( ( 5669.138	+	5302.065 )	/ 2 )
	=	448.696	/	5485.6015
	=	8.18 %

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

Kesko Oyj (OTCPK:KKOYY) 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.

Kesko Oyj ROCE % Related Terms

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

Kesko Oyj (Kesko Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kesko Oyj (OTCPK:KKOYY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KKOYF:USA KESKBh:UK 0BNT:UK KESKOB:Finland KESKOA:Finland KEK:Germany

Address

Tyopajankatu 12, Helsinki, FIN, 00580

Website

https://www.kesko.fi

Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj (Kesko Oyj) Headlines

From GuruFocus

Unpacking Kesko Oyj's Upcoming Dividend: A Comprehensive Analysis

By GuruFocus Research • 09-11-2023

Kesko Oyj's Dividend Analysis

By GuruFocus Research • 12-11-2023