KMC Properties ASA (OSL:KMCP) ROCE % : 7.64% (As of Mar. 2024)

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What is KMC Properties ASA 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. KMC Properties ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.64%.

KMC Properties ASA ROCE % Historical Data

The historical data trend for KMC Properties ASA'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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KMC Properties ASA ROCE % Chart

KMC Properties ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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34.04

26.83

12.47

10.52

4.19

KMC Properties ASA Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.58	9.10	-5.51	8.92	7.64

KMC Properties ASA ROCE % Calculation

KMC Properties ASA'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 )
	=	208.4	/	( ( (5780.7 - 1984.1)	+	(6641.1 - 500.8) )	/ 2 )
	=	208.4	/	( (3796.6	+	6140.3)	/ 2 )
	=	208.4	/	4968.45
	=	4.19 %

KMC Properties ASA'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 )
	=	486.8	/	( ( (6641.1 - 500.8)	+	(7009.6 - 404.9) )	/ 2 )
	=	486.8	/	( ( 6140.3	+	6604.7 )	/ 2 )
	=	486.8	/	6372.5
	=	7.64 %

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

KMC Properties ASA (OSL:KMCP) 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.

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KMC Properties ASA (OSL:KMCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KMC Properties ASA (OSL:KMCP) » Definitions » ROCE %

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N/A

Address

Dyre Halses gate 1a, Trondheim, NOR, 7042

Website

https://www.kmcp.no

KMC Properties ASA is a real estate company whose business strategy is to invest in high-yield industrial and logistical properties, primarily in the light industry and warehouse segment. The company has a diversified portfolio of properties in the Nordics and the Netherlands. The company's portfolio consisted of 61 industrial and logistics properties in the Nordics and the Netherlands. The company's four largest tenants are BEWI ASA, Insula AS, Grontvedt Group, and Scana ASA.

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