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Swiss Properties Invest AS (OCSE:SWISS) ROCE % : 3.51% (As of Jun. 2024)


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What is Swiss Properties Invest 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. Swiss Properties Invest AS's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.51%.


Swiss Properties Invest AS ROCE % Historical Data

The historical data trend for Swiss Properties Invest 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.

* Premium members only.

Swiss Properties Invest AS ROCE % Chart

Swiss Properties Invest AS Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
-0.37 -0.20 5.57

Swiss Properties Invest AS Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial 2.49 -1.01 3.75 5.73 3.51

Swiss Properties Invest AS ROCE % Calculation

Swiss Properties Invest 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 )
=25.04/( ( (467.836 - 213.162) + (659.339 - 15.022) )/ 2 )
=25.04/( (254.674+644.317)/ 2 )
=25.04/449.4955
=5.57 %

Swiss Properties Invest 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 )
=22.994/( ( (659.339 - 15.022) + (683.446 - 16.619) )/ 2 )
=22.994/( ( 644.317 + 666.827 )/ 2 )
=22.994/655.572
=3.51 %

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

* 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.


Swiss Properties Invest AS  (OCSE:SWISS) 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.


Swiss Properties Invest AS ROCE % Related Terms

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Swiss Properties Invest AS Business Description

Traded in Other Exchanges
Address
Schleppegrellsgade 8, kl, Kobenhavn N, DNK, 2200
Swiss Properties Invest AS owns, operates, optimizes, and develops a portfolio of attractive commercial properties for renting out commercial space in selected regions in Switzerland with the aim of creating shareholder value to its investors.

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