Nilsson Special Vehicles AB (OSTO:NILS) ROCE % : 11.78% (As of Mar. 2024)

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What is Nilsson Special Vehicles 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. Nilsson Special Vehicles AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.78%.

Nilsson Special Vehicles AB ROCE % Historical Data

The historical data trend for Nilsson Special Vehicles 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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Nilsson Special Vehicles AB ROCE % Chart

Nilsson Special Vehicles AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-25.36

-17.62

-32.37

-13.68

-9.69

Nilsson Special Vehicles AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															26.91	3.56	62.76	-0.45	11.78

Nilsson Special Vehicles AB ROCE % Calculation

Nilsson Special Vehicles AB's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-2.006	/	( ( (65.329 - 42.144)	+	(76.831 - 58.592) )	/ 2 )
	=	-2.006	/	( (23.185	+	18.239)	/ 2 )
	=	-2.006	/	20.712
	=	-9.69 %

Nilsson Special Vehicles 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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	2.664	/	( ( (84.51 - 65.373)	+	(82.618 - 56.54) )	/ 2 )
	=	2.664	/	( ( 19.137	+	26.078 )	/ 2 )
	=	2.664	/	22.6075
	=	11.78 %

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

Nilsson Special Vehicles AB (OSTO:NILS) 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.

Nilsson Special Vehicles AB ROCE % Related Terms

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Nilsson Special Vehicles AB (OSTO:NILS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nilsson Special Vehicles AB (OSTO:NILS) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Tegelbruksvagen 17, Laholm, SWE, 312 32

Website

http://www.nilsson.se

Nilsson Special Vehicles AB is a Sweden based speciality car company. It produces and sells ambulances, funeral cars, and limousines. The company's customers are mainly in Europe, where the largest markets are Scandinavia and England.

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