Free2move AB (NGM:F2M) ROCE % : -10.48% (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Free2move 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. Free2move AB's annualized ROCE % for the quarter that ended in Jun. 2024 was -10.48%.

Free2move AB ROCE % Historical Data

The historical data trend for Free2move 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.

* Premium members only.

Free2move AB ROCE % Chart

Free2move AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-33.92

-40.10

-49.40

-51.26

-84.41

Free2move AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-71.85	-137.83	-97.54	-217.12	-10.48

Free2move AB ROCE % Calculation

Free2move AB'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 )
	=	-18.244	/	( ( (46.314 - 21.442)	+	(41.377 - 23.022) )	/ 2 )
	=	-18.244	/	( (24.872	+	18.355)	/ 2 )
	=	-18.244	/	21.6135
	=	-84.41 %

Free2move AB's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-1.576	/	( ( (34.776 - 21.867)	+	(34.345 - 17.189) )	/ 2 )
	=	-1.576	/	( ( 12.909	+	17.156 )	/ 2 )
	=	-1.576	/	15.0325
	=	-10.48 %

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

Free2move AB (NGM:F2M) 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.

Free2move AB ROCE % Related Terms

Thank you for viewing the detailed overview of Free2move AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Free2move AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Free2move AB (NGM:F2M) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sankt Eriksgatan 117, Stockholm, SWE, 113 43

Website

http://www.free2move.se

Free2move AB is a consultant, developer and comprehensive supplier of IoT technology in the form of intelligent sensor networks focusing on real estate automation and infrastructure.

Free2move AB Headlines

No Headlines