Eagle Filters Group (OHEL:EAGLE) ROCE % : -38.18% (As of Dec. 2023)

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What is Eagle Filters Group 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. Eagle Filters Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -38.18%.

Eagle Filters Group ROCE % Historical Data

The historical data trend for Eagle Filters Group'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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Eagle Filters Group ROCE % Chart

Eagle Filters Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-8.01

-9.36

-8.34

-19.40

-21.09

Eagle Filters Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-10.74	-6.78	-30.05	-4.56	-38.18

Eagle Filters Group ROCE % Calculation

Eagle Filters Group'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 )
	=	-3.712	/	( ( (17.694 - 0.45)	+	(19.088 - 1.132) )	/ 2 )
	=	-3.712	/	( (17.244	+	17.956)	/ 2 )
	=	-3.712	/	17.6
	=	-21.09 %

Eagle Filters Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-6.646	/	( ( (17.579 - 0.724)	+	(19.088 - 1.132) )	/ 2 )
	=	-6.646	/	( ( 16.855	+	17.956 )	/ 2 )
	=	-6.646	/	17.4055
	=	-38.18 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Eagle Filters Group (OHEL:EAGLE) 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.

Eagle Filters Group ROCE % Related Terms

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Eagle Filters Group (OHEL:EAGLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Eagle Filters Group PLC (OHEL:EAGLE) » Definitions » ROCE %

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Traded in Other Exchanges

C72:Germany

Address

Lonnrotinkatu 5, Helsinki, FIN, 00120

Website

https://www.eaglefiltersgroup.com

Eagle Filters Group PLC is an investment group. It is focused on saving natural resources. The firm manages a portfolio of Nordic growth companies that are making an environmental impact globally. Loudspring core holdings are Eagle Filters, Nuuka Solutions, Enersize, Sofi Filtration, Swap.com, ResQ Club, and others.

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