Citycon Oyj (OHEL:CTY1S) ROCE % : 8.82% (As of Mar. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Citycon Oyj 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. Citycon Oyj's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.82%.

Citycon Oyj ROCE % Historical Data

The historical data trend for Citycon Oyj'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.

Citycon Oyj ROCE % Chart

Citycon Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

1.21

0.03

4.50

1.36

-1.74

Citycon Oyj 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															6.68	6.27	4.09	-19.48	8.82

Citycon Oyj ROCE % Calculation

Citycon Oyj'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 )
	=	-69.8	/	( ( (4460.7 - 207.6)	+	(4208.4 - 447.5) )	/ 2 )
	=	-69.8	/	( (4253.1	+	3760.9)	/ 2 )
	=	-69.8	/	4007
	=	-1.74 %

Citycon Oyj'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 )
	=	354.8	/	( ( (4208.4 - 447.5)	+	(4519 - 235.3) )	/ 2 )
	=	354.8	/	( ( 3760.9	+	4283.7 )	/ 2 )
	=	354.8	/	4022.3
	=	8.82 %

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

Citycon Oyj (OHEL:CTY1S) 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.

Citycon Oyj ROCE % Related Terms

Thank you for viewing the detailed overview of Citycon Oyj's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Citycon Oyj (OHEL:CTY1S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Citycon Oyj (OHEL:CTY1S) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0A0F:UK TY2B:Germany

Address

Piispansilta 9 A 1, Iso Omena, Espoo, FIN, 02230

Website

https://www.citycon.com

Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Estonia, and Denmark. The company owns 33 centers and 1 other retail property. Among those centers, 9 are located in Finland, 2 in Estonia, 14 in Norway, 6 in Sweden and 2 in Denmark. Citycon's business operations are divided into 3 business units: 1) Finland, Estonia and Denmark 2)Sweden 3)Norway. The business units are further subdivided into clusters. The Finnish, Estonian and Danish unit is composed of two clusters, the Swedish unit of one cluster and the Norwegian unit of two.

Citycon Oyj (OHEL:CTY1S) Headlines

No Headlines