Projektengagemang Sweden AB (OSTO:PENG B) ROCE % : 9.90% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Projektengagemang Sweden 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. Projektengagemang Sweden AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.90%.

Projektengagemang Sweden AB ROCE % Historical Data

The historical data trend for Projektengagemang Sweden 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.

Projektengagemang Sweden AB ROCE % Chart

Projektengagemang Sweden AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-2.92

8.02

4.47

4.50

-0.57

Projektengagemang Sweden AB 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															5.36	2.25	-11.94	1.54	9.90

Projektengagemang Sweden AB ROCE % Calculation

Projektengagemang Sweden 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 )
	=	-4.371	/	( ( (1022.46 - 218.619)	+	(932.032 - 202.538) )	/ 2 )
	=	-4.371	/	( (803.841	+	729.494)	/ 2 )
	=	-4.371	/	766.6675
	=	-0.57 %

Projektengagemang Sweden 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 )
	=	73.2	/	( ( (932.032 - 202.538)	+	(930 - 181.4) )	/ 2 )
	=	73.2	/	( ( 729.494	+	748.6 )	/ 2 )
	=	73.2	/	739.047
	=	9.90 %

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

Projektengagemang Sweden AB (OSTO:PENG 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.

Projektengagemang Sweden AB ROCE % Related Terms

Thank you for viewing the detailed overview of Projektengagemang Sweden AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Projektengagemang Sweden AB (OSTO:PENG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Projektengagemang Sweden AB (OSTO:PENG B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arstaangsvagen 11, Stockholm, SWE, 117 43

Website

https://www.pe.se

Projektengagemang Sweden AB is an engineering consultancy company. It offers services in such areas as architecture, project management, urban planning, and energy. It has operations in three divisions. The Architecture and Management division offers urban planning, building design, and interior design as well as project management services. The Civil Engineering and Infrastructure division is a key revenue driver, offers construction engineering and energy-related property services. The systems division offers solutions involving electricity, telecommunications, and security systems.

Projektengagemang Sweden AB (OSTO:PENG B) Headlines

No Headlines