WindowMaster International AS (OCSE:WMA) ROCE % : 32.75% (As of Jun. 2024)

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What is WindowMaster International 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. WindowMaster International AS's annualized ROCE % for the quarter that ended in Jun. 2024 was 32.75%.

WindowMaster International AS ROCE % Historical Data

The historical data trend for WindowMaster International 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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WindowMaster International AS ROCE % Chart

WindowMaster International AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.06

3.66

3.71

1.91

-4.51

WindowMaster International AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial						8.61	-4.01	-24.72	15.57	32.75

WindowMaster International AS ROCE % Calculation

WindowMaster International 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 )
	=	-2.485	/	( ( (150.076 - 90.455)	+	(149.017 - 98.53) )	/ 2 )
	=	-2.485	/	( (59.621	+	50.487)	/ 2 )
	=	-2.485	/	55.054
	=	-4.51 %

WindowMaster International 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 )
	=	16.29	/	( ( (149.017 - 98.53)	+	(154.716 - 105.724) )	/ 2 )
	=	16.29	/	( ( 50.487	+	48.992 )	/ 2 )
	=	16.29	/	49.7395
	=	32.75 %

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

WindowMaster International AS (OCSE:WMA) 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.

WindowMaster International AS ROCE % Related Terms

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WindowMaster International AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WindowMaster International AS (OCSE:WMA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Skelstedet 13, Vedbaek, DNK, 2950

Website

https://www.windowmaster.com

WindowMaster International AS is a Danish cleantech company that provides intelligent natural ventilation solutions and heat and smoke ventilation solutions, for commercial use in six segments namely offices, Education institutions, Cultural buildings, Shopping centers, Hospitals, and Sports facilities. The company delivers both hardware (window actuators, sensors, and control panels) as well as the software required for every element of the natural ventilation solution to interact in an intelligent and flexible manner. Its products include Actuators and Accessories; Controllers; Sensors and Detectors; Accessories; and Spare parts.

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