Nilfisk Holding AS (OCSE:NLFSK) ROCE % : 6.02% (As of Dec. 2024)

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What is Nilfisk Holding 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. Nilfisk Holding AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.02%.

Nilfisk Holding AS ROCE % Historical Data

The historical data trend for Nilfisk Holding 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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Nilfisk Holding AS ROCE % Chart

Nilfisk Holding AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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3.94

15.91

10.79

10.75

11.37

Nilfisk Holding AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															4.47	12.45	20.82	11.34	6.02

Nilfisk Holding AS ROCE % Calculation

Nilfisk Holding AS's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	486.988	/	( ( (6067.096 - 2007.21)	+	(6672.401 - 2169.444) )	/ 2 )
	=	486.988	/	( (4059.886	+	4502.957)	/ 2 )
	=	486.988	/	4281.4215
	=	11.37 %

Nilfisk Holding AS's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	268.476	/	( ( (6500.28 - 2080.269)	+	(6672.401 - 2169.444) )	/ 2 )
	=	268.476	/	( ( 4420.011	+	4502.957 )	/ 2 )
	=	268.476	/	4461.484
	=	6.02 %

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

Nilfisk Holding AS (OCSE:NLFSK) 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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Nilfisk Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nilfisk Holding AS (OCSE:NLFSK) » Definitions » ROCE %

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0RUZ:UK NF1:Germany

Address

Marmorvej 8, Copenhagen, DNK, DK-2100

Website

https://www.nilfisk.com

Nilfisk Holding AS through its subsidiaries manufactures and produces cleaning equipment. The product offered by the group includes floor-cleaning machines, high-pressure cleaners, industrial vacuum cleaners, and outdoor cleaning equipment. In addition, the firm also provides after-sales service for the professional cleaning industry. The operating segments of the organization are Europe, Americas, APAC, Consumer, Private Label and other. Geographically the activities are carried out throughout the region of Denmark.

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