Candyking Holding AB (OSTO:CANDY) ROCE % : 4.09% (As of Mar. 2015)

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What is Candyking Holding AB 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. Candyking Holding AB's annualized ROCE % for the quarter that ended in Mar. 2015 was 4.09%.

Candyking Holding AB ROCE % Historical Data

The historical data trend for Candyking Holding AB'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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Candyking Holding AB ROCE % Chart

Candyking Holding AB Annual Data

Trend

Dec12

Dec13

Dec14

ROCE %

4.50

3.80

4.38

Candyking Holding AB Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
ROCE %	Get a 7-Day Free Trial						1.21	4.49	5.24	5.17	4.09

Candyking Holding AB ROCE % Calculation

Candyking Holding AB's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	53.851	/	( ( (1641.919 - 531.396)	+	(1659.389 - 313.367) )	/ 2 )
	=	53.851	/	( (1110.523	+	1346.022)	/ 2 )
	=	53.851	/	1228.2725
	=	4.38 %

Candyking Holding AB's ROCE % of for the quarter that ended in Mar. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	55.2	/	( ( (1659.389 - 313.367)	+	(1740.1 - 388.2) )	/ 2 )
	=	55.2	/	( ( 1346.022	+	1351.9 )	/ 2 )
	=	55.2	/	1348.961
	=	4.09 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2015) EBIT data.

Candyking Holding AB (OSTO:CANDY) 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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Candyking Holding AB (OSTO:CANDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candyking Holding AB (OSTO:CANDY) » Definitions » ROCE %

Comparable Companies

OSTO:CLA B

Traded in Other Exchanges

N/A

Address

Website

http://group.candyking.com

Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.

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