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Duell (OHEL:DUELL) ROCE % : -5.03% (As of Feb. 2024)


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What is Duell 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. Duell's annualized ROCE % for the quarter that ended in Feb. 2024 was -5.03%.


Duell ROCE % Historical Data

The historical data trend for Duell'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.

Duell ROCE % Chart

Duell Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
ROCE %
13.15 13.45 20.52 9.48 3.62

Duell Semi-Annual Data
Aug19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
ROCE % Get a 7-Day Free Trial Premium Member Only 5.55 12.13 -0.17 7.34 -5.03

Duell ROCE % Calculation

Duell's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=2.655/( ( (95.468 - 17.946) + (95.483 - 26.337) )/ 2 )
=2.655/( (77.522+69.146)/ 2 )
=2.655/73.334
=3.62 %

Duell's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=-3.774/( ( (95.483 - 26.337) + (100.307 - 19.43) )/ 2 )
=-3.774/( ( 69.146 + 80.877 )/ 2 )
=-3.774/75.0115
=-5.03 %

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


Duell  (OHEL:DUELL) 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.


Duell ROCE % Related Terms

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Duell (OHEL:DUELL) Business Description

Traded in Other Exchanges
N/A
Address
Kauppatie 19, Mustasaari, FIN, 65610
Duell Corp is a powersports aftermarket distributor in the Nordics. It offers motorcycle, all-terrain vehicle, snowmobile, bicycle and marine products, including technical and spare parts and personal equipment to dealers across several markets in Europe. Duell offers a broad assortment of products across all of its sales channels for four seasons through its six product categories comprising Onroad motorcycle products, Offroad motorcycle, ATV products, Snowmobile products, Bicycle products and Marine products.

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