Castellum AB (OSTO:CAST) ROCE % : 2.75% (As of Sep. 2024)

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What is Castellum 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. Castellum AB's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.75%.

Castellum AB ROCE % Historical Data

The historical data trend for Castellum 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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Castellum AB ROCE % Chart

Castellum AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.09

7.68

9.69

2.34

-7.92

Castellum AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-2.39	-18.97	1.76	1.32	2.75

Castellum AB ROCE % Calculation

Castellum AB'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 )
	=	-12453	/	( ( (179731 - 16450)	+	(159336 - 8250) )	/ 2 )
	=	-12453	/	( (163281	+	151086)	/ 2 )
	=	-12453	/	157183.5
	=	-7.92 %

Castellum AB's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	4240	/	( ( (155906 - 3123)	+	(156331 - 392) )	/ 2 )
	=	4240	/	( ( 152783	+	155939 )	/ 2 )
	=	4240	/	154361
	=	2.75 %

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

Castellum AB (OSTO:CAST) 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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Castellum AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Castellum AB (OSTO:CAST) » Definitions » ROCE %

Traded in Other Exchanges

CWQXF:USA CASTs:UK 0GT1:UK TEX:Germany

Address

Ostra Hamngatan 16, Gothenburg, SWE, 403 14

Website

https://www.castellum.se

Castellum is a general real estate company. The company operates through its real estate rental segment which develops and rents properties in Sweden and Denmark. Castellum focuses on office, retail, industrial, and residential properties while also providing management services. The company invests in new construction, extensions, reconstructions, and acquisitions. Castellum's operational planning is focused on cash flow growth and low financial risk, while its portfolio development is geared toward increasing density and quality.