Kojamo Oyj (Kojamo Oyj) ROCE % : 3.49% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Kojamo 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. Kojamo Oyj's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.49%.

Kojamo Oyj ROCE % Historical Data

The historical data trend for Kojamo 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.

Kojamo Oyj ROCE % Chart

Kojamo Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

18.45

6.99

16.65

-5.10

-0.22

Kojamo 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															2.12	4.76	-3.51	-4.52	3.49

Kojamo Oyj ROCE % Calculation

Kojamo 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 )
	=	-18.212	/	( ( (8985.487 - 454.131)	+	(8896.728 - 734.46) )	/ 2 )
	=	-18.212	/	( (8531.356	+	8162.268)	/ 2 )
	=	-18.212	/	8346.812
	=	-0.22 %

Kojamo 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 )
	=	279.564	/	( ( (8896.728 - 734.46)	+	(8994.891 - 1137.717) )	/ 2 )
	=	279.564	/	( ( 8162.268	+	7857.174 )	/ 2 )
	=	279.564	/	8009.721
	=	3.49 %

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

Kojamo Oyj (OTCPK:KOJAF) 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.

Kojamo Oyj ROCE % Related Terms

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

Kojamo Oyj (Kojamo Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kojamo Oyj (OTCPK:KOJAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KOJAMh:UK 0A0E:UK KOJAMO:Finland V4OC:Germany

Address

Mannerheimintie 168a, P.O. Box 40, Helsinki, FIN, FI-00301

Website

https://www.kojamo.fi

Kojamo Oyj is a real estate investment company. It offers rental apartments and housing services in Finnish growth centers. Kojamo group's business operations are divided into two segments: Lumo and VVO. Lumo is a housing solution that offers rental housing and next-generation services in growth centers around Finland. Its non-commercial segment, VVO offers homes whose rents are determined following the cost-price principle. Kojamo operates in the seven main urban regions of Finland, focusing on the demand for rental apartments, especially in the Helsinki region.