Fenix Outdoor International (OSTO:FOI B) ROCE % : 9.36% (As of Mar. 2024)

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What is Fenix Outdoor International 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. Fenix Outdoor International's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.36%.

Fenix Outdoor International ROCE % Historical Data

The historical data trend for Fenix Outdoor International'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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Fenix Outdoor International ROCE % Chart

Fenix Outdoor International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.59

11.69

16.55

16.86

9.65

Fenix Outdoor International Quarterly Data
	Jun19	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															13.53	2.67	29.16	-4.44	9.36

Fenix Outdoor International ROCE % Calculation

Fenix Outdoor International'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 )
	=	586.395	/	( ( (7416.169 - 1610.239)	+	(8313.5 - 1966.182) )	/ 2 )
	=	586.395	/	( (5805.93	+	6347.318)	/ 2 )
	=	586.395	/	6076.624
	=	9.65 %

Fenix Outdoor International'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 )
	=	597.52	/	( ( (8313.5 - 1966.182)	+	(8015.569 - 1589.987) )	/ 2 )
	=	597.52	/	( ( 6347.318	+	6425.582 )	/ 2 )
	=	597.52	/	6386.45
	=	9.36 %

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

Fenix Outdoor International (OSTO:FOI B) 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.

Fenix Outdoor International ROCE % Related Terms

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Fenix Outdoor International (OSTO:FOI B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fenix Outdoor International Ltd (OSTO:FOI B) » Definitions » ROCE %

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Traded in Other Exchanges

FOIBs:UK

Address

Weidstrasse 1a, Schweiz, Zug, CHE, 6300

Website

https://www.fenixoutdoor.se

Fenix Outdoor International Ltd designs and sells products for outdoor activities. It operates with three business segments namely Brands, Global Sales, and Frilufts. It generates maximum revenue from the Frilufts segment. Geographically, it derives a majority of revenue from Germany and also has a presence in Sweden, Benelux, the Americas, and other countries. Its brand includes Fjallraven, Tierra, Primus, Hanwag, Brunton, and others.

Fenix Outdoor International (OSTO:FOI B) Headlines

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