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Fasadgruppen Group AB (OSTO:FG) ROCE % : 1.81% (As of Mar. 2024)


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What is Fasadgruppen Group 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. Fasadgruppen Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.81%.


Fasadgruppen Group AB ROCE % Historical Data

The historical data trend for Fasadgruppen Group 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.

* Premium members only.

Fasadgruppen Group AB ROCE % Chart

Fasadgruppen Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 24.52 11.73 12.22 11.77 10.04

Fasadgruppen Group AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.43 9.87 11.01 12.55 1.81

Fasadgruppen Group AB ROCE % Calculation

Fasadgruppen Group 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 )
=398.4/( ( (5049.5 - 1113.3) + (5212 - 1211.3) )/ 2 )
=398.4/( (3936.2+4000.7)/ 2 )
=398.4/3968.45
=10.04 %

Fasadgruppen Group AB'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 )
=72.8/( ( (5212 - 1211.3) + (5151.7 - 1099.7) )/ 2 )
=72.8/( ( 4000.7 + 4052 )/ 2 )
=72.8/4026.35
=1.81 %

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

* 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.


Fasadgruppen Group AB  (OSTO:FG) 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.


Fasadgruppen Group AB ROCE % Related Terms

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Fasadgruppen Group AB (OSTO:FG) Business Description

Traded in Other Exchanges
N/A
Address
Wallingatan 2, Stockholm, SWE, 111 60
Fasadgruppen Group AB is a service provider of sustainable facades. It offers plastering, masonry, windows and balconies renovations, thermal insulation, carbon fiber reinforcement, scaffolding and various other services. The main customers of the company are property owners, construction companies, property managers, consultants, housing cooperatives as well as state bodies and municipalities.