Festi hf (OISE:FESTI) ROCE % : 8.15% (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Festi hf 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. Festi hf's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.15%.

Festi hf ROCE % Historical Data

The historical data trend for Festi hf'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.

Festi hf ROCE % Chart

Festi hf Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

7.13

11.60

9.94

10.05

10.63

Festi hf Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															11.05	6.13	11.13	18.12	8.15

Festi hf ROCE % Calculation

Festi hf's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	8879.963	/	( ( (96032.114 - 19530.505)	+	(114834.64 - 24236.255) )	/ 2 )
	=	8879.963	/	( (76501.609	+	90598.385)	/ 2 )
	=	8879.963	/	83549.997
	=	10.63 %

Festi hf's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	7305.772	/	( ( (113135.955 - 24439.84)	+	(114834.64 - 24236.255) )	/ 2 )
	=	7305.772	/	( ( 88696.115	+	90598.385 )	/ 2 )
	=	7305.772	/	89647.25
	=	8.15 %

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

Festi hf (OISE:FESTI) 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.

Festi hf ROCE % Related Terms

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

Festi hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Festi hf (OISE:FESTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dalvegur 10-14, Kopavogur, ISL, 201

Website

https://www.festi.is

Festi hf is an Iceland-based company that operates retail companies. Its operations consist of the food market, fuel, and service station market, and electronic equipment and smart devices market. The parent company Festi owns the subsidiaries Kronuna, which operates grocery stores of the same name, N1, which operates fuel and electricity sales service stations and various services related to lubrication and automotive services, ELKO, which is an electronics store, Lyfja, which operates 45 pharmacies and branches, Yrkir, which owns and operates the group's real estate, and Bakkann varuhotel, which specializes in warehouse services and distribution. Maximum of revenue is from Kronuna sector.

Festi hf Headlines

No Headlines