Enento Group (OHEL:ENENTO) ROCE % : 5.49% (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Enento 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. Enento Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.49%.

Enento Group ROCE % Historical Data

The historical data trend for Enento 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.

* Premium members only.

Enento Group ROCE % Chart

Enento Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.37

6.88

5.17

6.36

Enento Group 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															6.19	7.98	8.05	4.39	5.49

Enento Group ROCE % Calculation

Enento 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 )
	=	29.16	/	( ( (499.071 - 34.934)	+	(490.337 - 37.012) )	/ 2 )
	=	29.16	/	( (464.137	+	453.325)	/ 2 )
	=	29.16	/	458.731
	=	6.36 %

Enento Group'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 )
	=	24.244	/	( ( (490.337 - 37.012)	+	(477.785 - 47.193) )	/ 2 )
	=	24.244	/	( ( 453.325	+	430.592 )	/ 2 )
	=	24.244	/	441.9585
	=	5.49 %

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

Enento Group (OHEL:ENENTO) 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.

Enento Group ROCE % Related Terms

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

Enento Group (OHEL:ENENTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Enento Group PLC (OHEL:ENENTO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AKA:Germany

Address

Hermannin rantatie 6, P.O Box 16, Helsinki, FIN, 00580

Website

https://www.enento.com

Enento Group PLC is a Finland-based company which acts as a provider of business and consumer information services. It provides products and services for risk management, finance and administration, decision-making and sales and marketing purposes. In addition, it also provides for electronic and website services and company and personal information services accessible to all. It serves customers in finance and banking, wholesale and retail sectors, expert services and insurance sectors.

Enento Group (OHEL:ENENTO) Headlines

No Headlines