NCAB Group AB (OSTO:NCAB) ROCE % : 8.44% (As of Dec. 2024)

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What is NCAB 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. NCAB Group AB's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.44%.

NCAB Group AB ROCE % Historical Data

The historical data trend for NCAB 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.

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NCAB Group AB ROCE % Chart

NCAB Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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23.20

31.64

31.53

26.10

15.55

NCAB Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															17.13	20.71	16.92	16.32	8.44

NCAB Group AB ROCE % Calculation

NCAB Group AB's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	386	/	( ( (3221.344 - 838.5)	+	(3392 - 809.5) )	/ 2 )
	=	386	/	( (2382.844	+	2582.5)	/ 2 )
	=	386	/	2482.672
	=	15.55 %

NCAB Group AB's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	212.4	/	( ( (3227.8 - 774.8)	+	(3392 - 809.5) )	/ 2 )
	=	212.4	/	( ( 2453	+	2582.5 )	/ 2 )
	=	212.4	/	2517.75
	=	8.44 %

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

NCAB Group AB (OSTO:NCAB) 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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NCAB Group AB Business Description

Industry

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0AAQ:UK

Address

Lofstroms alle 5, Sundbyberg, SWE, 172 66

Website

https://www.ncabgroup.com

NCAB Group AB offers a broad range of printed circuit board (PCB) which, after receiving a customer order, are sourced from external manufacturers, predominantly located in China. It provides comprehensive services comprising design support, through prototyping, production and quality control. The operating activities are controlled in four segments; Nordic, Europe, East and North America. It generates key revenue from the Europe segment which includes the provision of a broad range of PCBs from the companies in the UK, Poland, France, Italy, Germany and Spain.

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