Cemat AS (OCSE:CEMAT) ROCE % : 2.13% (As of Jun. 2024)

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What is Cemat AS 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. Cemat AS's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.13%.

Cemat AS ROCE % Historical Data

The historical data trend for Cemat AS'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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Cemat AS ROCE % Chart

Cemat AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.82

4.19

21.55

15.57

7.34

Cemat AS Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															1.32	30.14	2.64	11.86	2.13

Cemat AS ROCE % Calculation

Cemat AS'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 )
	=	15.97	/	( ( (201.508 - 4.221)	+	(261.421 - 23.481) )	/ 2 )
	=	15.97	/	( (197.287	+	237.94)	/ 2 )
	=	15.97	/	217.6135
	=	7.34 %

Cemat AS'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	5.12	/	( ( (261.421 - 23.481)	+	(310.589 - 68.604) )	/ 2 )
	=	5.12	/	( ( 237.94	+	241.985 )	/ 2 )
	=	5.12	/	239.9625
	=	2.13 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Cemat AS (OCSE:CEMAT) 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.

Cemat AS ROCE % Related Terms

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Cemat AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cemat AS (OCSE:CEMAT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1X9:Germany

Address

c/o DLA Piper Denmark Law Firm P/S, Oslo Plads 2, Copenhagen V, DNK, 2100

Website

https://www.cemat.dk

Cemat AS is a Denmark-based holding company that engages in the real estate business. The Group comprises two segments that is the property management business which includes letting of premises and land and the provision of utilities to tenants, including power, water, technical gases, and facility services, and Property development includes the preparation and implementation of development projects, in the field of housing and commercial space. The company derives maximum revenue from Property Management & Holding Segment.

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