Koskisen (OHEL:KOSKI) ROCE % : 7.05% (As of Mar. 2024)

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What is Koskisen 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. Koskisen's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.05%.

Koskisen ROCE % Historical Data

The historical data trend for Koskisen'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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Koskisen ROCE % Chart

Koskisen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

2.16

44.80

37.00

13.42

Koskisen Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							21.75	25.02	-0.80	7.41	7.05

Koskisen ROCE % Calculation

Koskisen'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 )
	=	27.072	/	( ( (258.612 - 66.501)	+	(269.205 - 57.838) )	/ 2 )
	=	27.072	/	( (192.111	+	211.367)	/ 2 )
	=	27.072	/	201.739
	=	13.42 %

Koskisen'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 )
	=	14.928	/	( ( (269.205 - 57.838)	+	(269.916 - 57.982) )	/ 2 )
	=	14.928	/	( ( 211.367	+	211.934 )	/ 2 )
	=	14.928	/	211.6505
	=	7.05 %

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

Koskisen (OHEL:KOSKI) 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.

Koskisen ROCE % Related Terms

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Koskisen (OHEL:KOSKI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Koskisen Corp (OHEL:KOSKI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EZ8:Germany

Address

Tehdastie 2, Järvelä, FIN, 16600

Website

https://www.koskisen.fi

Koskisen Corp is a family-owned wood-processing company. It has two business segments namely Sawn Timber Industry and Panel Industry. The Sawn Timber Industry business segment produces sawn and further-processed timber and the Panel Industry business segment produces plywood, thin plywood, veneers, chipboards and interior solutions for light and heavy commercial vehicles under the Kore brand.

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