MT Hojgaard Holding A/S (OCSE:MTHH) ROCE % : 26.54% (As of Mar. 2024)

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What is MT Hojgaard Holding A/S 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. MT Hojgaard Holding A/S's annualized ROCE % for the quarter that ended in Mar. 2024 was 26.54%.

MT Hojgaard Holding A/S ROCE % Historical Data

The historical data trend for MT Hojgaard Holding A/S'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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MT Hojgaard Holding A/S ROCE % Chart

MT Hojgaard Holding A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.58

1.55

6.93

14.76

22.75

MT Hojgaard Holding A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															13.78	2.77	6.64	77.04	26.54

MT Hojgaard Holding A/S ROCE % Calculation

MT Hojgaard Holding A/S'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 )
	=	382.3	/	( ( (4788.5 - 3049.5)	+	(5317.7 - 3696.1) )	/ 2 )
	=	382.3	/	( (1739	+	1621.6)	/ 2 )
	=	382.3	/	1680.3
	=	22.75 %

MT Hojgaard Holding A/S's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	410	/	( ( (5317.7 - 3696.1)	+	(5345.7 - 3877.6) )	/ 2 )
	=	410	/	( ( 1621.6	+	1468.1 )	/ 2 )
	=	410	/	1544.85
	=	26.54 %

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

MT Hojgaard Holding A/S (OCSE:MTHH) 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.

MT Hojgaard Holding A/S ROCE % Related Terms

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MT Hojgaard Holding A/S (OCSE:MTHH) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MT Hojgaard Holding A/S (OCSE:MTHH) » Definitions » ROCE %

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0JD8:UK

Address

Knud Hojgaards Vej 7, Soborg, DNK, 2860

Website

https://www.mth.com

MT Hojgaard Holding A/S together with its subsidiaries, operates in the construction and civil engineering industries in the Nordic countries. It develops, constructs, and refurbishes private and public sector buildings; constructs residential, head office, hospital, station, refurbishment, and PPP projects; and builds residential, office, school, and research and laboratory facilities, as well as engages in electrical installation activities. The company's geographical segments include Denmark and the Rest of the world.

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