Multitude AG (LTS:0R4W) ROCE % : 12.70% (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Multitude 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. Multitude AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.70%.

Multitude AG ROCE % Historical Data

The historical data trend for Multitude 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.

* Premium members only.

Multitude AG ROCE % Chart

Multitude AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.34

1.94

1.42

7.42

8.08

Multitude AG 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															44.03	2.28	9.47	11.62	12.70

Multitude AG ROCE % Calculation

Multitude 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 )
	=	32.134	/	( ( (753.235 - 440.808)	+	(990.878 - 507.434) )	/ 2 )
	=	32.134	/	( (312.427	+	483.444)	/ 2 )
	=	32.134	/	397.9355
	=	8.08 %

Multitude AG'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 )
	=	70.304	/	( ( (986.846 - 415.199)	+	(1067.826 - 532.401) )	/ 2 )
	=	70.304	/	( ( 571.647	+	535.425 )	/ 2 )
	=	70.304	/	553.536
	=	12.70 %

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

Multitude AG (LTS:0R4W) 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.

Multitude AG ROCE % Related Terms

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

Multitude AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Multitude AG (LTS:0R4W) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MULT:Germany

Address

Ratamestarinkatu 11 A, Helsinki, FIN, 00520

Website

https://www.multitude.com

Multitude AG, formerly Multitude SE is a European FinTech company that offers digital financial and banking services to both individuals and small and medium-sized businesses. The company's operations are divided into three business units: consumer banking (Ferratum), SME banking (CapitalBox) and wholesale banking (Multitude Bank). These units are supported by an internal Banking-as-a-Service platform. The company operates in nearly 16 different countries.

Multitude AG Headlines

No Headlines