Hemfosa Fastigheter AB (LTS:0R7N) ROCE % : 5.31% (As of Sep. 2019)

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What is Hemfosa Fastigheter 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. Hemfosa Fastigheter AB's annualized ROCE % for the quarter that ended in Sep. 2019 was 5.31%.

Hemfosa Fastigheter AB ROCE % Historical Data

The historical data trend for Hemfosa Fastigheter 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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Hemfosa Fastigheter AB ROCE % Chart

Hemfosa Fastigheter AB Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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8.49

12.01

12.86

8.74

8.81

Hemfosa Fastigheter AB Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
ROCE %	Get a 7-Day Free Trial															4.09	18.86	4.83	4.93	5.31

Hemfosa Fastigheter AB ROCE % Calculation

Hemfosa Fastigheter AB's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	2925	/	( ( (44086 - 9904)	+	(37459 - 5264) )	/ 2 )
	=	2925	/	( (34182	+	32195)	/ 2 )
	=	2925	/	33188.5
	=	8.81 %

Hemfosa Fastigheter AB's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	2124	/	( ( (40378 - 1568)	+	(41149 - 0) )	/ 2 )
	=	2124	/	( ( 38810	+	41149 )	/ 2 )
	=	2124	/	39979.5
	=	5.31 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

Hemfosa Fastigheter AB (LTS:0R7N) 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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Hemfosa Fastigheter AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hemfosa Fastigheter AB (LTS:0R7N) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Olof Palmes gata 13 A, Stockholm, SWE, 131 02

Website

http://hemfosa.se

Hemfosa Fastigheter AB is a Sweden-based property company. The company owns, acquires, develops, manages, and sells properties. Hemfosa has divided its operations into three segments. The segment division is based primarily on the different markets of Sweden, Norway, and Finland of which Sweden contributed approximately 86 percent of rental income during the year. The company's operations focus on properties of the community service properties type.

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