Lehto Group Oyj (LTS:0RFZ) ROCE % : -137.79% (As of Dec. 2023)

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What is Lehto Group 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. Lehto Group Oyj's annualized ROCE % for the quarter that ended in Dec. 2023 was -137.79%.

Lehto Group Oyj ROCE % Historical Data

The historical data trend for Lehto Group 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.

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Lehto Group Oyj ROCE % Chart

Lehto Group Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-23.07

-0.44

-15.89

-26.27

-76.73

Lehto Group Oyj Semi-Annual Data
	Dec13	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															-26.02	-21.56	-25.64	-26.41	-137.79

Lehto Group Oyj ROCE % Calculation

Lehto Group 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 )
	=	-77.434	/	( ( (267.238 - 114.458)	+	(103.729 - 54.67) )	/ 2 )
	=	-77.434	/	( (152.78	+	49.059)	/ 2 )
	=	-77.434	/	100.9195
	=	-76.73 %

Lehto Group Oyj'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 )
	=	-118.468	/	( ( (188.9 - 66)	+	(103.729 - 54.67) )	/ 2 )
	=	-118.468	/	( ( 122.9	+	49.059 )	/ 2 )
	=	-118.468	/	85.9795
	=	-137.79 %

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

Lehto Group Oyj (LTS:0RFZ) 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.

Lehto Group Oyj ROCE % Related Terms

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Lehto Group Oyj (LTS:0RFZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lehto Group Oyj (LTS:0RFZ) » Definitions » ROCE %

Traded in Other Exchanges

LEHTO:Finland L7G:Germany

Address

Voimatie 6 B, Kempele, FIN, 90440

Website

https://www.lehto.fi

Lehto Group Oyj is a Finnish construction and real estate group. The operating business segment of the company is Building Services. It is also engaged in Housing, Business Premises, and Social Care and Educational Premises. The firm offers services such as schools, health centers, property development, multi-story buildings, care homes, and plumbing renovations among others. Geographically, it operates in Finland.

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